KUALA LUMPUR: The FBM KLCI fell at the start of trade on Wednesday, Feb 16, as investors turned cautious following the weaker regional markets, with CIMB, KL Kepong and Tenaga among the major decliners.
At 9.05am, the FBM KLCI was down 8.11 points to 1,497.22 at 9.05am. Turnover was 73.44 million shares valued at RM59.49 million. There were 76 gainers, 131 losers and 137 stocks unchanged.
CIMB fell the most, down 15 sen to RM8.05 with 1.07 million shares done'' and AMMB shed eight sen to RM6.19. KL Kepong lost 14 sen to RM21.74, DiGi 10 sen to RM25.80 and Genting eight sen to RM10.80.
Among infrastrucutre stocks, Gamuda lost 10 sen to RM3.70 and IJM nine sen to RM6.40.
Hwang DBS Vickers Research said regional bourses showed a mixed performance on Tuesday when the Malaysian stock markets was closed. The gainers were India (+0.4%) and Taiwan (+0.4%) while the losing markets included Hong Kong (-1.0%) and China shares listed in Hong Kong (-0.9%).
'Following which, we reckon our local bourse will probably remain in a consolidation mode when trading resumes today, swinging between its immediate support and resistance levels of 1,495 and 1,530, respectively,' it said.
At 9.05am, the FBM KLCI was down 8.11 points to 1,497.22 at 9.05am. Turnover was 73.44 million shares valued at RM59.49 million. There were 76 gainers, 131 losers and 137 stocks unchanged.
CIMB fell the most, down 15 sen to RM8.05 with 1.07 million shares done'' and AMMB shed eight sen to RM6.19. KL Kepong lost 14 sen to RM21.74, DiGi 10 sen to RM25.80 and Genting eight sen to RM10.80.
Among infrastrucutre stocks, Gamuda lost 10 sen to RM3.70 and IJM nine sen to RM6.40.
Hwang DBS Vickers Research said regional bourses showed a mixed performance on Tuesday when the Malaysian stock markets was closed. The gainers were India (+0.4%) and Taiwan (+0.4%) while the losing markets included Hong Kong (-1.0%) and China shares listed in Hong Kong (-0.9%).
'Following which, we reckon our local bourse will probably remain in a consolidation mode when trading resumes today, swinging between its immediate support and resistance levels of 1,495 and 1,530, respectively,' it said.
No comments:
Post a Comment