KUALA LUMPUR, Jan 12 — Bursa Malaysia reversed some of its earlier losses to end mixed today, driven by late buying support in selected industrial products and services counters led by Petronas Chemicals and Press Metal, dealers said.
The index opened 0.10 of-a-point higher at 1,564.39 and fluctuated between 1,555.70 and 1,567.35 throughout the trading session. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI closed lower due to profit-taking mainly on banking stocks. Japan’s Nikkei 225 gained 1.92 per cent to 28,765.66, Hong Kong’s Hang Seng Index went up 2.79 per cent to 24,402.17, Singapore’s Straits Times Index added 0.06 per cent to 3,248.47 and South Korea’s Kospi rose 1.54 per cent to 2,972.48.
Among heavyweights, Maybank shed 9.0 sen to RM8.41, CIMB fell 6.0 sen to RM5.56, IHH Healthcare was flat at RM6.65, while Public Bank added 2.0 sen to RM4.25, Petronas Chemicals climbed 10 sen to RM9.00 and Press Metal gained 7.0 sen to RM6.09. Sector-wise, the Financial Services Index lost 82.22 points to 16,094.91, the Industrial Products and Services Index added 1.81 points to 205.32, while the Plantation Index fell 28.70 points to 6,739.92.
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