Monday, 19 Apr 2021 04:06 PM MYT
An investor monitors the stock prices in the gallery of the RHB Investment Bank Bhd headquarters in Kuala Lumpur March 17, 2020. ― Picture by Hari Anggara
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KUALA LUMPUR, April 19 Bursa Malaysia remained lower at mid-afternoon trade amidst mounting concerns over surging COVID-19 cases globally.
At 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 8.16 points to 1,600.22 compared to Friday’s close of 1,608.38.
The barometer index opened 0.27 of-a-point weaker at 1,608.11.
Healthcare index recovered from previous losses, while the transportation, logistics and technology as well as telecommunication and media indices remained in positive territory.
Bursa ends lower on profit-taking, concerns over high Covid-19 cases
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Bursa ends lower on profit-taking, concerns over high Covid-19 cases | Money
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KUALA LUMPUR: While the FBM KLCI swung into positive territory in chopping trade, the broader-market breadth indicated most stocks are losing ground.
At 5pm, the 30-stocks index closed 8.16 points, or 0.51% higher at 1,606.25. The index opened 1.53 points firmer at 1,599.81 this morning.
Market breadth turned negative as losers outnumbered advancers on a ratio of 801-to-323 stocks. Traded volumes stood at 6.49 billion shares valued at RM4.73bil.
Meanwhile, 13 of the FBM KLCI component stocks traded higher while 17 closed lower. added 68 sen to RM10.70, Hartalega ended 53 sen higher at RM10, Petronas Dagangan gained 52 sen to RM20.18, Supermax rose 50 sen to RM5.10 and Top Glove advanced 31 sen to RM5.44.