Bursa Malaysia ends on weak note, CI down 1.01pc | Malay Mail

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Bursa Malaysia ends on weak note, CI down 1.01pc

The silhouettes of attendees are seen in front of a screen with the Bursa Malaysia logo at Invest Malaysia 2019 in Kuala Lumpur March 19, 2019. — Picture by Firdaus Latif

The FBM KLCI, which opened 5.64 points weaker at 1,621.12, moved between 1,610.41 and 1,621.68 throughout the day. Malacca Securities Sdn Bhd said sentiment on the stock market still looking frail, amid an escalation in the US-China trade war, that is also set to prolong the already dour global trend.

“Just like the index-linked shares, we see shares succumbing to increase selling activities as equity sentiment is turning weaker, and this could keep more retail players on the sidelines,” it said in a note earlier today. As for the actives, Xinghe Holdings edged up half-a-sen to 3.5 sen, Netx was flat at 1.5 sen. KNM eased 3.5 sen to 36 sen and Priceworth International inched down half-a-sen to six sen.

Source: News Formal (newsformal.com)

 

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