KUALA LUMPUR, July 19 — Bursa Malaysia reversed yesterday’s gains to end marginally lower today after a lacklustre trading session, as investors seemed reluctant to make more significant moves due to the absence of buying catalysts, an analyst said.
Total turnover fell to 1.73 billion units worth RM1.32 billion from 2.40 billion units valued at RM1.28 billion yesterday. “On the domestic front, we prefer to stay cautions as the near-term direction of the local market is still very much dependent on the regional volatility. Nonetheless, we expect accumulation of stocks to persist on dips,” he told Bernama.
Of the actives, Hibiscus Petroleum lost five sen to 84 sen, MY E.G. Services slid 3.5 sen each to 77 sen, Dagang NeXchange was 2.5 sen lower at 73 sen, MMAG Holdings eased half-a-sen to five sen, and Metronic Global was unchanged at 8.5 sen. The Main Market volume shrank to 1.17 billion shares worth RM1.17 billion against 1.34 billion shares worth RM1.06 billion yesterday.
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.
Source: malaymail - 🏆 1. / 86 Read more »
Source: malaymail - 🏆 1. / 86 Read more »
Source: malaymail - 🏆 1. / 86 Read more »
Source: malaymail - 🏆 1. / 86 Read more »