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Glove makers weigh down KLCI

As at 3.15pm, the benchmark FBM KLCI had shed 6.13 points to 1,637.77.   The overall market breadth skewed towards negative territory with losers outpacing gainers 601 to 490, while 466 counters were unchanged, 571 untraded and 22 others suspended. Volume stood at 6.51 billion units worth RM2.81 billion. Glove makers Hartalega Holdings Bhd slid 56 sen to RM11.90, Top Glove Corp Bhd declined 19 sen to RM6.07 and Supermax Corp Bhd weakened 31 sen to RM6.08.   Among other heavyweights, Malaya...
Kuala Lumpur Bhd Maybank Group Holdings Bhd Puncak Niaga Holdings Bhd Petronas Chemicals Group Bhd Petchem Top Glove Corp Bhd

KLCI closes lower as investors take profit ahead of extended weekend

The benchmark index closed 0.38% or 6.33 points lower at 1,641.17. Investors offloaded their holdings ahead of the long Christmas weekend, remisier Jeffry Azizi Jaafar told theedgemarkets.com. He said sentiment was cautious as the countrys Covid-19 cases remained high, especially among foreign workers. Jeffry expects the KLCI to stay muted next week in the absence of window-dressing activities. On the broader market, 587 counters ended lower versus 514 gainers, while 480 others were unchanged. ...
Kuala Lumpur United Kingdom Jeffry Azizi Jaafar Kuala Lumpur Kepong Bhd Mi Technovation Bhd Kawan Bhd

KLCI drops 0.97% on Covid-19 fears, continued profit taking

KUALA LUMPUR (Dec 22): The FBM KLCI ended almost 1% lower today on continued profit taking, as sentiment remained jittery on concern over the resurgence of Covid-19 cases. The benchmark index stayed in negative territory throughout the trading session. It closed 0.97% or 15.97 points down at 1,631.92 after hitting an intra-day low of 1,625.39. TA Securities Holdings Bhd senior technical analyst Stephen Soo told theedgemarkets.com that worries over a new strain of Covid-19 in Europe affected mar...
Kuala Lumpur United States United Kingdom Malaysia General Nestlem Bhd Stephen Soo

KLCI ends 0.28% lower on lack of catalysts

KUALA LUMPUR (Dec 21): The FBM KLCI today marked its third straight day of decline, on the absence of fresh catalysts on the local bourse. It gave up 0.28% or 4.6 points to settle at 1,647.89 on market close. Across Bursa Malaysia, 8.09 billion securities were traded for RM3.66 billion, compared to 8.06 billion securities worth RM4.4 billion last Friday. Market breadth was negative, with 848 counters ending the day in the red, versus 392 gainers and 437 that were unchanged. Of the KLCI constitu...
Kuala Lumpur Nestlem Bhd Ageson Bhd Danny Wong Teck Meng Tenaga Nasional Bhd Sdn Bhd

KLCI slips 1.31% as investing sentiment sours amid CMCO extension

KUALA LUMPUR (Dec 18): The FBM KLCI slipped 1.31% or 21.86 points today, tracking declines in regional peers, while news of the conditional movement control order being extended weighed on domestic investing sentiment. The benchmark index settled at 1,652.49, with 852 counters in the negative versus 370 that climbed, while 474 were unchanged. Senior Minister Datuk Seri Ismail Sabri Yaakob announced today that the CMCO will be extended in Selangor, Kuala Lumpur and Sabah till Dec 31, as Covid-19...
Port Dickson Negeri Sembilan Kuala Lumpur United States Nestlem Bhd Stephen Soo

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