KUALA LUMPUR: All key Asian markets were in the red at the midday break on Friday, Aug 20 as investors took money off the table following the weaker close on Wall Street. Investors worried about a deepening slowdown after a batch of weaker U.S. economic data but at Bursa Malaysia, the FBM KLCI managed to eke out marginal gains.
At 12.30pm, the FBM KLCI was up just 0.49 of a point to 1,393.05, aided by gains in Maybank, which is expected to deliver a strong set of earnings after market close.
Turnover was 411.38 million shares valued at RM611.08 million. The broader market was weaker with decliners outpacing advancers 359 to 225 while 298 stocks were unchanged.
''
Hong Kong -0.7% 20,924.13 Shanghai Composite Index''
-1.28%''
2,653.52 Nikkei 225
-1.78% 9,195.60 Kospi''
- 0.68% 1,767.47 Singapore Straits Times Index -0.60% 2,929.01
At Bursa Malaysia, Maybank was up eight sen to RM8.15. F&N rose 28 sen to RM14.50, Paramount 11 sen to RM4.37, Amway and IJM Land nine sen each to RM8 and RM2.46 while Batu Kawan gained eight sen to RM11.90.
Among the penny stocks, Vitrox jumped 12 sen to RM1 and SEB advanced 10.5 sen to 79.5 sen with 9.29 million shares.
The major decliners were Petronas Dagangan, down 29 sen to RM.28, Genting 17 sen to RM8.60, Petronas Gas 14 sen lower at RM10.24.'' Telekom fell two sen to RM3.55 in active trade.
At 12.30pm, the FBM KLCI was up just 0.49 of a point to 1,393.05, aided by gains in Maybank, which is expected to deliver a strong set of earnings after market close.
Turnover was 411.38 million shares valued at RM611.08 million. The broader market was weaker with decliners outpacing advancers 359 to 225 while 298 stocks were unchanged.
''
Hong Kong -0.7% 20,924.13 Shanghai Composite Index''
-1.28%''
2,653.52 Nikkei 225
-1.78% 9,195.60 Kospi''
- 0.68% 1,767.47 Singapore Straits Times Index -0.60% 2,929.01
At Bursa Malaysia, Maybank was up eight sen to RM8.15. F&N rose 28 sen to RM14.50, Paramount 11 sen to RM4.37, Amway and IJM Land nine sen each to RM8 and RM2.46 while Batu Kawan gained eight sen to RM11.90.
Among the penny stocks, Vitrox jumped 12 sen to RM1 and SEB advanced 10.5 sen to 79.5 sen with 9.29 million shares.
The major decliners were Petronas Dagangan, down 29 sen to RM.28, Genting 17 sen to RM8.60, Petronas Gas 14 sen lower at RM10.24.'' Telekom fell two sen to RM3.55 in active trade.
No comments:
Post a Comment