KUALA LUMPUR, Oct 14 — Bursa Malaysia closed lower on Thursday, with its key index declining 0.49 per cent due to profit-taking activities after seven days of gains.
The bellwether index opened 1.28 points firmer at 1,601.66 — its highest level for the day — and fell as low as 1,588.63 during today’s trading. Thong said crude palm oil , meanwhile, continued to defy consensus forecasts as it was settling at above RM5,000 per tonne.“Supported by strong market volume, foreign buying and improving corporate earnings following the reopening of economy, we believe the index will continue with its ascension and expect the index to chart around the 1,595-1,605 range towards the weekend,” he told Bernama.
Of the top losers, PMB Technology erased 44 sen to RM14.06, Petronas Dagangan dropped 40 sen to RM19.60, and Opcom decreased 35 sen to RM1.32. The Main Market volume narrowed to 2.94 billion shares worth RM2.47 billion compared with 3.30 billion shares worth RM3.03 billion on Wednesday.
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 bounces back into positive territory | Malay MailKUALA LUMPUR, Oct 12 — Gains in mainly the financial sector helped Bursa Malaysia to bounce back into positive territory at mid-morning today. At 11.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) bagged 5.52 points to 1,576.34 compared with 1,570.82 at Monday’s close. The bellwether index opened... Pada masa penindasan terhadap umat Islam, seperti yang kita lihat hari ini, Allah akan menghantar Imam Al-Mahdi. Mimpi Muhammad Qasim menunjukkan bahawa masa Imam Al-Mahdi adalah sangat dekat. Semakin banyak orang bercakap mengenai mimpi ini.
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia extends seven-day winning streak | Malay MailKUALA LUMPUR, Oct 13 — Bursa Malaysia was higher in the early trade on Wednesday, extending its gains for the seventh consecutive day, supported by the further resumption of economic activities. At 9.19am, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 3.21 points to 1,587.12 compared with...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia breaches 1,600 level | Malay MailKUALA LUMPUR, Oct 13 — Bursa Malaysia today broke through the 1,600 psychological level, accumulating gains of five per cent during its seven-day rally. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased one per cent or 16.47 points to 1,600.38 from 1,583.91 at yesterday’s close. The...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia higher at mid-afternoon | Malay MailKUALA LUMPUR, Oct 13 — Bursa Malaysia remains on an uptrend at mid-afternoon, led by the banking and construction counters as sentiments were boosted by the further resumption of economic activities. At 3.25pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 12.64 points to 1,596.55 from 1,583.91 at...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia falls further at mid-afternoon | Malay MailKUALA LUMPUR, Oct 14 — Bursa Malaysia fell further at mid-afternoon, with its key index declining 0.66 per cent on selling in heavyweight counters led by Sime Darby Plantation and Digi. At 3.05pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) tumbled 10.61 points to 1,589.77 from 1,600.38 at...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia opens lower | New Straits TimesNSTbusiness At 9.03 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 0.16 of-a-point to 1,600.22 from 1,600.38 at Wednesday's close. NSTbusiness At 9.08 am, the local note advanced to 4.1500/1530 versus the greenback from Wednesday's close of 4.1590/1610.
Source: NST_Online - 🏆 17. / 53 Read more »