Bursa Malaysia eases slightly at mid-morning | Malay Mail

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KUALA LUMPUR, May 28 — Bursa Malaysia was slightly lower at mid-morning due to concerns over the United States (US)-China tension. At 11.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.08 of-a-point to 1,451.65 from 1,451.73 at the close yesterday. On the broader market, losers...

On the broader market, losers outpaced gainers 564 to 256, while 331 counters were unchanged, 744 untraded and 57 others suspended. — Picture by Azneal Ishak

At 11.06am, the benchmark FTSE Bursa Malaysia KLCI slipped 0.08 of-a-point to 1,451.65 from 1,451.73 at the close yesterday. The dealer said the announcement of a new stimulus package by the European Commission, which has forced some investors to take a step back from making any position, also partly contributed to the mixed performance in Asian bourses.

Among heavyweights, Public Bank and Maxis bagged two sen each to RM15.26 and RM5.33 respectively, Petronas Chemicals rose 15 sen to RM6.20, and IHH gained four sen to RM5.49.Of the actives, Lambo inched up half-a-sen to 2.5 sen, Key Alliance eased half-a-sen to eight sen, GD Express shed six sen to 38.5 sen, Comfort Gloves added one sen to RM3.09, while DGB, Sanichi and XOX were flat at 2.5 sen, nine sen and 6.5 sen, respectively.

 

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