At 12.30pm, the FTSE Bursa Malaysia KLCI was 10.05 points weaker at 1,594.42 compared with Friday’s close of 1,604.47. — Bernama pic
KUALA LUMPUR, Sept 10 ― Bursa Malaysia ended the morning session lower today as selling pressure persisted amid lack of local market-moving news and muted regional markets performance. At 12.30pm, the FTSE Bursa Malaysia KLCI was 10.05 points weaker at 1,594.42 compared with Friday’s close of 1,604.47.On the broader market, losers thumped gainers 359 to 277, while 332 counters remained unchanged, 978 untraded and 15 others suspended.A dealer said investors are waiting for Thursday’s announcement by the European Central Bank on its interest-rate, as market anticipating stimulus measures in major economies amid the ongoing US-China trade war.
In addition, Federal Reserve Chair Jerome Powell had said last Friday that the US central bank would continue to “act as appropriate to sustain the expansion”, bolstering expectations of a rate cut at the Fed's meeting, next Wednesday. Among heavyweights, Axiata was 14.55 per cent or 71 sen lower at RM4.17, while Digi dropped 31 sen to RM4.58, Dutch Lady lost 50 sen to RM62.20 and Petronas Dagangan went down 34 sen to RM22.10.Of the actives, Bumi Armada gained 1.5 sen to 27 sen after announcing that it had sold floating production storage and offloading vessel for US$40 million .The FBM Emas Index declined 52.54 points to 11,228.58, the FBMT100 Index decreased 53.20 points to 11,067.46 and the FBM Emas Shariah Index lost 115.
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 opens lower | Malay MailKUALA LUMPUR, Sept 10 — Bursa Malaysia opened lower in a tight range today, mirroring the trading on Wall Street. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 9.33 points to 1,595,14 from 1,604.47 last Friday. The index opened 13.64 points lower at 1,590.83....
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia lower mid-morning | Malay MailKUALA LUMPUR, Sept 10 — Bursa Malaysia remained lower at mid-morning today as selling pressure continued. At 11am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 10.84 points weaker at 1,593.63 compared with Friday’s close of 1,604.47. The index opened 13.64 points lower at...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia lower mid-morning | Malay MailKUALA LUMPUR, Sept 10 — Bursa Malaysia remained lower at mid-morning today as selling pressure continued. At 11am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 10.84 points weaker at 1,593.63 compared with Friday’s close of 1,604.47. The index opened 13.64 points lower at...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia opens lower | Malay MailKUALA LUMPUR, Sept 10 — Bursa Malaysia opened lower in a tight range today, mirroring the trading on Wall Street. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 9.33 points to 1,595,14 from 1,604.47 last Friday. The index opened 13.64 points lower at 1,590.83....
Source: malaymail - 🏆 1. / 86 Read more »
Minister: Malaysia can help with Indonesia fire, haze should improve end-Sept | Malay MailKUALA LUMPUR, Sept 9 — The haze situation is expected to improve after weather conditions change end of this month, and the Malaysian government is prepared to help snuff out Indonesia’s fires that resulted in the air pollution, a minister said today. In her latest updates on the haze...
Source: malaymail - 🏆 1. / 86 Read more »
Luxury property market expects boost from HK as unrest continues | The Malaysian InsightMalaysia i seen as more attractive compared to Singapore due to its lower cost.
Source: msianinsight - 🏆 8. / 63 Read more »