The FBM KLCI index lost 6.19 points or 0.34% on Thursday. The Finance Index fell 0.02% to 17761.59 points, the Properties Index dropped 0.35% to 975.09 points and the Plantation Index down 0.11% to 7502.22 points. The market traded within a range of 10.36 points between an intra-day high of 1798.24 and a low of 1787.88 during the session.
Actively traded stocks include SAPNRG, MYEG, HSI-C3P, HSI-C3Q, SANBUMI, VS-WA, PWORTH, HSI-C3O, HIBISCS and ORION. Trading volume decreased to 2060.71 mil shares worth RM2454.67 mil as compared to Wednesday’s 2339.82 mil shares worth RM1993.33 mil.
Leading Movers were PMETAL (+20 sen to RM5.16), SIME (+2 sen to RM2.65), HLFG (+12 sen to RM19.36), CIMB (+1 sen to RM6.06) and HLBANK (+2 sen to RM20.60). Lagging Movers were AXIATA (-12 sen to RM4.50), MAHB (-18 sen to RM8.60), HARTA (-12 sen to RM6.42), MISC (-11 sen to RM5.93) and KLCC (-10 sen to RM7.50). Market breadth was negative with 317 gainers as compared to 528 losers.
The KLCI slid and closed lower at 1790.11 points despite overnight gains in US market. The performance of our local bourse was in line with our regional peers following 10-years US yield climbed to a record high of 3.18 since 2011.
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