KUALA LUMPUR, March 28 — Bursa Malaysia ended broadly lower after a lacklustre trading session as investors seemed reluctant to make more significant moves due to the absence of buying catalyst, said Rakuten Trade Sdn Bhd vice-president of equity research, Thong Pak Leng.
On the broader market, losers surpassed gainers 527 to 339, while 518 counters were unchanged, 924 untraded, and 52 others suspended. Singapore’s Straits Times Index rose 0.51 per cent to 3,431.12, Hong Kong’s Hang Seng Index added 1.31 per cent to 21,684.97, while Japan’s Nikkei 225 eased 0.73 per cent to 27,943.89 and South Korea’s Kospi shed 0.02 per cent to 2,729.56.
Thong reckons that geopolitical tensions and supply constraints are likely to dominate investor sentiment this week. Among the heavyweights, Maybank rose by six sen to RM8.96, Public Bank added one sen to RM4.67, Petronas Chemicals bagged 18 sen to RM9.78, while IHH Healthcare shed 12 sen to RM6.40, CIMB dipped four sen to RM5.33 and Press Metal lost 16 sen to RM6.09.
Sector-wise, the Industrial Products and Services Index inched down 0.35 of-a-point to 204.84 and the Plantation Index weakened 66.41 points to 8,017.17, while the Financial Services Index rose 24.85 points to 16,768.58.
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.
MIDF Research: Bursa Malaysia records total inflows of RM565.6m last week | Malay MailKUALA LUMPUR, March 28 — Foreign investors and local retailers were net buyers on Bursa Malaysia for the week ended March 25, which saw a total net inflow of RM565.6 million while net inflows from foreign investors amounted to RM525.8 million, MIDF Research said. In its equity strategy report...
Source: malaymail - 🏆 1. / 86 Read more »
MIDF Research: Bursa Malaysia records total inflows of RM565.6m last week | Malay MailKUALA LUMPUR, March 28 — Foreign investors and local retailers were net buyers on Bursa Malaysia for the week ended March 25, which saw a total net inflow of RM565.6 million while net inflows from foreign investors amounted to RM525.8 million, MIDF Research said. In its equity strategy report...
Source: malaymail - 🏆 1. / 86 Read more »
Malaysia, Japan collaborate in smart manufacturing | Malay MailKUALA LUMPUR, March 27 — Japan External Trade Organisation (Jetro) is collaborating with government agencies and Japanese companies to accelerate adoption of Japanese Industry 4.0 smart manufacturing technologies among Malaysian small and medium enterprises (SMEs) as part of the Look East Policy...
Source: malaymail - 🏆 1. / 86 Read more »
Soulbond launch marks major milestone for Malaysia’s gaming industry | Malay MailKUALA LUMPUR, March 27 — Malaysia’s gaming industry has achieved a major milestone with the launch of Soulbond: Rebels Arise, the country’s first blockchain-led massively multiplayer roleplaying game (MMORPG) utilising non-fungible tokens (NFT). Many Malaysians would be unaware that the...
Source: malaymail - 🏆 1. / 86 Read more »
Malaysia's CPI expected to remain encouraging in 2022, says research house | Malay MailKUALA LUMPUR, March 28 — Malaysia’s Consumer Price Index (CPI) is expected to remain encouraging in 2022 with a forecast of 2.4 per cent, thanks to a full-year impact of full economic openings, said Public Investment Bank (PublicInvest). This will also be aided by favourable oil price movement,...
Source: malaymail - 🏆 1. / 86 Read more »