The FBM KLCI index lost 5.87 points or 0.34% on Friday. The Finance Index fell 0.10% to 17565.46 points, the Properties Index dropped 0.05% to 890.33 points and the Plantation Index rose 0.54% to 7426.97 points. The market traded within a range of 15.58 points between an intra-day high of 1733.71 and a low of 1718.13 during the session.
Actively traded stocks include IRIS, MYEG, DSONIC, SAPNRG, DSONIC-WA, PRESBHD, HSI-C3V, K1, HSI-H4V and HSI-C3X. Trading volume increased to 2410.39 mil shares worth RM2303.37 mil as compared to Thursday’s 2001.67 mil shares worth RM2028.81 mil.
Leading Movers were SIMEPLT (+15 sen to RM5.28), MISC (+14 sen to RM5.73), HAPSENG (+20 sen to RM9.70), GENTING (+13 sen to RM7.44) and MAHB (+11 sen to RM8.61). Lagging Movers were AXIATA (-18 sen to RM3.71), TM (-9 sen to RM2.41), SIME (-7 sen to RM2.50), DIGI (-12 sen to RM4.30) and MAXIS (-12 sen to RM5.39). Market breadth was negative with 252 gainers as compared to 579 losers.
Singapore stocks opened weaker on Friday (Oct 19), with the Straits Times Index declining 0.55 per cent or 16.83 points to 3,052.84 as at 9.03am after overnight declines in US markets. Losers outnumbered gainers 93 to 26, or about seven securities down for every two up, after 44.1 million securities worth $73.6 million changed hands.
Among the most heavily traded by volume, Yangzijiang Shipbuilding Holdings retreated 2.2 per cent or $0.03 to $1.34 with 4.3 million shares traded. Thomson Medical Group advanced 1.2 per cent or $0.001 to $0.083 with 4.1 million shares traded.
US markets closed lower on Thursday amid worries about strained US-Saudi relations over the disappearance of Saudi journalist Jamal Khashoggi, with US Treasury Secretary Steven Mnuchin pulling out of an investor conference in Saudi Arabia.
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