Last minute selling drags Bursa Malaysia down

  • 📰 malaymail
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

KUALA LUMPUR, March 6 — Bursa Malaysia bucked the regional trend to end slightly lower, dragged down by last minute selling of selected heavyweight stocks. At 5 pm, the...

KUALA LUMPUR, March 6 — Bursa Malaysia bucked the regional trend to end slightly lower, dragged down by last minute selling of selected heavyweight stocks.

However the market breadth was positive with advancers outpacing decliners 465 to 380, while 415 counters were unchanged, 959 untraded and 11 others suspended. “Key regional indices are mostly in positive territory following a positive cue from global equities last Friday amid easing concerns about interest rates following recent comments from Federal Reserve officials and the latest economic data.

At home, heavyweight counters Maybank declined two sen to RM8.69, Public Bank was down four sen to RM4.10, Tenaga Nasional lost six sen to RM9.34, Petronas Chemicals went up four sen to RM7.30 while CIMB was flat at RM5.59. The FBMT 100 Index advanced 6.08 points to 10,275.84 and the FBM Emas Shariah Index gained 39.42 points to 10,853.46.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 1. in FİNANCE

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.

Bursa Malaysia stages rebound to open higher, in line with Asian peersKUALA LUMPUR, March 6 — Bursa Malaysia rebounded to open higher today as the risk appetite in Asian markets improved after Wall Street rose on Friday, said an analyst. At...
Source: malaymail - 🏆 1. / 86 Read more »