KUALA LUMPUR, Sept 11 — Bursa Malaysia’s FBM KLCI pared earlier losses and eked out marginal gains at the close today on the back of financial counters amid a mixed regional...
KUALA LUMPUR, Sept 11 — Bursa Malaysia’s FBM KLCI pared earlier losses and eked out marginal gains at the close today on the back of financial counters amid a mixed regional performance dampened by worries over China’s property sector.
On the broader market, decliners thumped gainers by 609 to 295, with 445 counters unchanged and 974 untraded. Turnover increased to 2.80 billion units worth RM1.64 billion against Friday’s 2.55 billion units worth RM1.85 billion. “However, we believe investors may refrain from making substantial moves due to the lack of compelling buying incentives amid the prevailing jittery market sentiment caused by heightened global market risks and volatility,” he told Bernama.
Bursa heavyweight counters Maybank, CIMB Bank, Hong Leong Bank and IHH gained two sen each to RM9.16, RM5.71, RM19.82 and RM5.92, respectively, while Hong Leong Financial Group was one sen higher at RM18.00.On the index board, the FBM Emas Index erased 3.09 points to 10,723.83, the FBM Emas Shariah Index trimmed 3.37 points to 10,884.13 and the FBM ACE Index dipped 27.76 points to 5,161.07.
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