At 5pm, the FBM KLCI was down 4.2 points or 0.28% to 1,507.04. Turnover was 8.75 billion shares due to heavy trading in penny stocks such as Trive Property and Vivocom but overall trading value for the day shrank to nearly RM3bil.
The headlines prompted a brisk selloff but sentiment quickly recovered when Navarro, an outspoken critic of China, said his remarks had been taken out of context, and Trump later confirmed in a tweet the deal was fully in place. Tenaga rose 10 sen to RM11.88, Genting added two sen to RM4.38 but GentingM lost two sen to RM2.68, IHH Healthcare lost nine sen to RM5.43 while Sime Darby was flat at RM2.11.
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.
Asian stocks climb after volatile trade on US-China trade confusion | Malay MailSYDNEY, June 23 — Asian equity markets bounced on Tuesday after US President Donald Trump said the US-China trade pact was “fully intact”, clarifying earlier confusing statements from the White House over the fate of the deal. MSCI’s broadest index of Asia Pacific shares outside of Japan...
Source: malaymail - 🏆 1. / 86 Read more »
US, China trade Twitter barbs as Beijing boycotts nuclear arms talksTrump, who has clashed with China on a range of issues, has repeatedly called for Beijing to join talks. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »
KLCI falls below 1,500 after reports US-China trade deal overKUALA LUMPUR: Asian markets fell and US stock futures were down in early Tuesday trade after a after a Trump administration official was reported to say the US-China trade deal is 'over.”
Source: staronline - 🏆 4. / 75 Read more »
Oil prices seesaw after Navarro walks back on comment saying US-China trade deal was 'over'SINGAPORE/TOKYO, June 23 (Reuters): Oil prices were volatile on Tuesday after markets were spooked by surprise comments from White House trade adviser Peter Navarro saying a hard-won US-China trade deal was 'over', though he later said his comments had been taken out of context.
Source: staronline - 🏆 4. / 75 Read more »
China bans some US chicken, shuts Pepsi plant to fight Covid-19 | New Straits TimesNSTworld China banned imports from a top US poultry producer and ordered a Beijing Pepsi factory to close Sunday as authorities clamped down on food production and distribution amid a new coronavirus cluster in the capital. TysonFoods covid19
Source: NST_Online - 🏆 17. / 53 Read more »
Now China suspends poultry import from virus-hit US plantOther exporters must sign a declaration that their produce is not contaminated. FMTNews China
Source: fmtoday - 🏆 5. / 72 Read more »