KLCI closes at day's low, banks weigh

📆 5/5/2021 2:12 PM
📰 staronline

⏱ Reading Time:
21 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 75%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The FBM KLCI closed at the day's low on Wednesday, weighed down losses in banks and gloves as buying sentiment remained weak due to the rising Covid-19 numbers and also tracking the downbeat key Asian markets.

The KLCI closed down 12.58 points or 0.79% to 1,575.67. Turnover was 7.36 billion shares valued at RM4.23bil. Decliners beat advancers eight to three or 811 losers to 299 gainers and 416 counters were unchanged.

Malaysia recorded 3,744 fresh Covid-19 infections and 17 deaths on Wednesday. Selangor reported 1,548 new cases. Among the key Asian markets, Hong Kong's Hang Seng Index fell 0.49%, Taiwan's Taiex 0.53% and Singapore's Straits Times Index lost 0.8%. Brent crude rose 91 cents, or 1.3%, to $69.79 a barrel at 0851 GMT. U.S. West Texas Intermediate crude rose 82 cents, or 1.3%, to $66.51 a barrel.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FBM KLCI stays below 1,600-mark at closingKUALA LUMPUR: The FBM KLCI gave up all its hard-earned gains to close in the red on Tuesday as banking and gloves counters weighed. Apa cerita MOFmalaysia tzafrul_aziz ? KerajaanGagal KerajaanPintuBelakangGagal MuhyiddinYassin Gagal MuhyiddinOut MahiaddinOut Country collapsing
Source: staronline - 🏆 4. / 75 Read more »