KUALA LUMPUR, Oct 21 — Bursa Malaysia closed lower today on profit-taking in most index-linked counters led by stocks in the FBM Ace, healthcare and telecommunications, analysts said.
Market breadth was negative with losers surpassing gainers by 753 to 349, while 413 counters were unchanged, 777 untraded and 18 others suspended. “We expect the local stock market to remain positive despite some profit-taking activity given the continuous strong foreign inflow. As for the actives, Kanger International was flat at five sen, Serba Dinamik was down one sen to 37 sen, while Supermax’s shares dropped by 20 sen to RM2.05 after the company’s product was banned from entering US ports of entry effective today.
Sector-wise, the Financial Services Index depreciated 151.39 points to 15,786.37 and the Industrial Products and Services Index slid 1.39 points to 211.06, while the Plantation Index was 11.03 points better at 7,038.50.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bursa Malaysia lower at mid-morning | Malay MailKUALA LUMPUR, Oct 20 — Bursa Malaysia turned lower at mid-morning today on profit-taking in most index-linked counters, analysts said. At 11.02am, the benchmark index was 2.65 points easier at 1,603.32, from Monday’s close of 1,605.97. The bellwether index opened 5.86 points firmer at 1,611.83....
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia open higher | New Straits TimesKUALA LUMPUR: Bursa Malaysia opened higher amid a steady recovery tone in the country, coupled with an elevated commodity market environment.
Source: NST_Online - 🏆 17. / 53 Read more »
Bursa Malaysia turns higher at midday on better buying support | Malay MailKUALA LUMPUR, Oct 20 — Bursa Malaysia turned higher at midday on better buying support, led by technology and financed-linked counters, analysts said. At 12.30pm, the benchmark index was 1.2 points firmer at 1,607.174, compared to Monday’s close of 1,605.97. The bellwether index opened 5.86...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia opens higher but retreats thereafter | New Straits TimesNSTbusiness Market breadth was slightly negative with losers edging past gainers 199 to 189, while 318 counters were unchanged, 1,586 untraded and 18 others suspended. NSTbusiness Malaysia's revised 2021 fiscal deficit target of 6.5-7.0 per cent of gross domestic product (GDP) will likely provide a positive fiscal impulse to the economy, according to RHB Research group chief economist.
Source: NST_Online - 🏆 17. / 53 Read more »
Bursa Malaysia remains in the red at mid-afternoon | Malay MailKUALA LUMPUR, Oct 21 — Bursa Malaysia remained in the negative territory at mid-afternoon due to persistent selling in selected blue chips, led by telco, healthcare and finance-linked counters. At 3.25pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) erased 13.81 points or 0.86 per cent to 1,592.51... Feckless..
Source: malaymail - 🏆 1. / 86 Read more »
Bursa extends lead as bank, energy rally continuesKUALA LUMPUR: Bursa Malaysia extended its lead on Wednesday after the benchmark FBM KLCI recaptured the 1,600 psychological resistance on Monday on continued positivity over the recovering economy.
Source: staronline - 🏆 4. / 75 Read more »