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Stella Holdings Bhd: Stella Wins Shareholders Nod in EGM for PTM Acquisition & Strategic Changes

Stella Holdings Bhd: Stella Wins Shareholders Nod in EGM for PTM Acquisition & Strategic Changes
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FBM KLCI pulls back in line with regional retreat

KUALA LUMPUR: The FBM KLCI ended the day in red on Friday in line with the weak performance of its regional peers. The market bellwether ended down 6.85 points, or 0.43% to 1,601.65. It opened 6.71 points higher at 1,615.21. Market breadth turned negative as losers overpowered the gainers on a ratio of 582-to-508 stocks. Traded volumes stood at 6.75 billion shares worth RM4.61bil as profit taking activities took control. Dealers said the local bourse which tracked the performance of key Asian markets, was weighed down by banking and plantation stocks. Kuala Lumpur Kepong fell 80 sen to RM22, Hong Leong Financial Group shed 42 sen to RM16.58, PPB declined 16 sen to RM18.50 and Press Metal

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