KUALA LUMPUR, Sept 19 — Profit-taking activities in selected heavyweights continued to drag Bursa Malaysia down this morning amid cautious sentiments in regional bourses, dealers...
KUALA LUMPUR, Sept 19 — Profit-taking activities in selected heavyweights continued to drag Bursa Malaysia down this morning amid cautious sentiments in regional bourses, dealers said.
However, on the broader market, gainers led losers 212 to 149 while 292 counters were unchanged, 1,721 untraded and 11 suspended.Malacca Securities Sdn Bhd said Wall Street closed flat overnight as investors traded cautiously ahead of the two-day United States Federal Reserve meeting, which will ultimately decide the US’ interest rate direction.
“However, traders may shift their attention to domestic catalysts, such as the National Energy Transition Roadmap, the New Industrial Master Plan 2030 and the recent memoranda of understanding worth billions of ringgit signed with Chinese companies over the weekend,” it said. Among the heavyweights, Maybank, Petronas Chemicals and IHH Healthcare were down one sen to RM8.92, RM7.26 and RM5.96, respectively, and Public Bank fell two sen to RM4.18, while CIMB was flat at RM5.76.
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