KUALA LUMPUR, Sept 22 — Bursa Malaysia’s key index ended easier in lacklustre trade due to weak market sentiment and a lack of buying catalyst as concerns persisted over Chinese property group Evergrande Group’s debt and its impact on global markets.
However, market breadth was positive with gainers outpacing decliners 584 to 382, while 436 counters were unchanged, 870 untraded, and five others suspended. “The FBM KLCI seems to be quite well supported at the 1,520 level, hence we reckon accumulation of stocks to persist on dips. For the week, we anticipate the index to remain sideways with immediate support at 1,520 while resistance at 1,550,” he told Bernama.
On the index board, the FBM Emas Index advanced 10.71 points to 11,222.11, the FBMT 100 Index was 5.68 points higher at 10,937.46, and the FBM Emas Shariah Index chalked up 45.79 points to 12,243.67.Sector-wise, the Plantation Index went down 10.10 points to 6,274.72, the Industrial Products and Services Index added 1.74 points to 198.22, and the Financial Services Index trimmed 100.34 points to 15,153.86.
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FBM KLCI climbs up 0.17pc at the close | Malay MailKUALA LUMPUR, Sept 21 — Bursa Malaysia’s key index ended slightly higher as bargain-hunting activities emerged after seven straight days of losses, lifted mainly by telco, gaming, and banking stocks. At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.55 points, or 0.17 per... Muhammad Qasim pernah berkata bahawa 'Saya belum ditunjukkan siapa sebenarnya Mahdi dan saya bukan Mahdi. Dan saya juga tidak mahu menjadi Mahdi. ' Tetapi banyak orang sudah memanggilnya Mahdi, hanya kerana mimpi ketuhanannya menjadi kenyataan.
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Asian trade tense in the shadow of Evergrande and the Fed | Malay MailSINGAPORE, Sept 22 — Asian stock markets made a cautious start today and the dollar held firm amid lingering nerves about the fallout from a looming failure at developer China Evergrande and anticipation the Federal Reserve may move a step closer to tapering. Japan’s Nikkei fell 0.5 per cent....
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Asian investors soothed by Evergrande bond plan | Malay MailHONG KONG, Sept 22 — Asian investors trod carefully today but nerves appeared to be settled by news that troubled Chinese property giant Evergrande had agreed a plan to repay interest on one of its key bonds, for now avoiding a default that many fear could hammer the domestic and global economy....
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