Profit taking in the healthcare sector, particularly glove maker stocks, was a drag on Bursa Malaysia at mid-morning. ― Picture by Hari Anggara
At 11.06 am, the benchmark FTSE Bursa Malaysia KLCI fell 12.73 points to 1,565.41 from last Friday's close of 1,578.14.Market breadth was negative, with losers leading gainers 589 to 403, while 330 counters were unchanged, 648 untraded and 18 others suspended.Rakuten Trade Sdn Bhd, in a note, said with Wall Street struggled amid ongoing talks on new fiscal stimulus and the increased US-China tensions as US President Donald Trump is now targeting both Tik Tok and Wechat.
“As such, we expected regional markets to be mixed today with the local bourse to possibly consolidate further.
Source: News Formal (newsformal.com)
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 higher but retreats thereafter | New Straits TimesKUALA LUMPUR: Bursa Malaysia opened higher but retreated thereafter, tracking the cautious performance of regional peers despite major US stock indices closing mostly higher on Friday.
Source: NST_Online - 🏆 17. / 53 Read more »
Bursa Malaysia opens higher but retreats thereafter | Malay MailKUALA LUMPUR, Aug 10 — Bursa Malaysia opened higher but retreated thereafter, tracking the cautious performance of regional peers despite major US stock indices closing mostly higher on Friday. Investors are keeping their eyes on the renewed tensions between the US and China. At 9.06am, the...
Source: malaymail - 🏆 1. / 86 Read more »
Foreign funds step up selling on Bursa to net RM937.5milKUALA LUMPUR: Foreign funds accelerated their selling of equities on Bursa Malaysia to RM937.5mil last week against RM226.1mil in the preceding week, according to MIDF Research.
Source: staronline - 🏆 4. / 75 Read more »
Foreign selling on Bursa quadrupled to RM937.5m last weekPETALING JAYA: Foreign net outflow accelerated on Bursa to a tune of RM937.5 million net last week as compared to RM226.1 million in the preceding wee...
Source: theSundaily - 🏆 25. / 51 Read more »
Bursa under pressure as foreign fund outflow surges to RM852m this week | Malay MailKUALA LUMPUR, Aug 9 — The volatile trading throughout the week — driven by the United States (US)-China trade war, declining global banks’ performance, as well as the steady increase in Covid-19 cases globally — has led to the 25th consecutive week of net foreign...
Source: malaymail - 🏆 1. / 86 Read more »
Devastated Sarri believes he will not be judged on one match | Malay MailTURIN, Aug 8 ― Juventus coach Maurizio Sarri was devastated by his team's last 16 Champions League exit to Olympique Lyonnais but said he did not believe he would be judged solely on today's match which saw them go out despite a 2-1 win. Despite winning a ninth successive Serie A title last...
Source: malaymail - 🏆 1. / 86 Read more »