KUALA LUMPUR:'' The FBM KLCI fell 12.19 points week-on-week on Friday, July 22 and bucked the trend among key regional markets that rose after European leaders agreed on a package to rescue debt-stricken Greece.
An emergency summit of leaders of the 17-nation currency area pledged on Thursday to conduct a second bailout of Greece with an extra 109 billion euros ($157 billion) of government money, plus a contribution by private sector bondholders estimated to total as much as 50 billion euros by mid-2014, according to Reuters.
Investors who have been stricken by a series of factors ranging from the US and Europe debt crises to concerns about a sharp slowdown in China used this rare bit of good news to pick up bargains, it said.
The FBM KLCI shed 0.75 point to close at 1,565.06.
Gainers led losers by 462 to 249, while 332 counters traded unchanged. Volume was 1.17 billion shares valued at RM1.99 billion.
At the regional markets, Hong Kong's Hang Seng Index jumped 2.08% to 22,444.80, Japan's Nikkei 225 rose 1.22% to 10,132.11, Singapore's Straits Times Index was up 1.42% to 3,182.95, South Korea's Kospi up 1.22% to 2,171.23, Taiwan's Taiex added 0.55% to 8,765.32 while the Shanghai Composite Index edged up 0.18% to 2,770.79.
Among the decliners on Bursa Malaysia, United PLANTATION []s fell 40 sen to RM20, Tenaga 25 sen to RM6.27, Petronas Dagangan 24 sen to RM17.84, Sindora 14 sen to RM2.60, Fima Corp and Latexx down 11 sen each to RM6.14 and RM2.18, Far East and Hong Leong Bank lost 10 sen each to RM7.10 and RM13.60, Hiap Teck down nine sen to RM1.05 and Shell eight sen to RM10.30.
Among the gainers, CI Holdings rose 53 sen to RM4.61 after the company said it was set to record gains of RM677.10 million from the sale of its bottling unit, Permanis Sdn Bhd to Asahi Group Holdings Ltd for RM820 million.
Other gainers included S P Setia that added 32 sen to RM4.02, BAT 30 sen to RM46.50, QSR 26 sen to RM6.28, Harrisons and Y&G 25 sen each to RM3.79 and 44.5 sen, Cypark 23 sen to RM2.31 while Tasek and CCB gained 22 sen each to
The actives included Ingenuity Solutions, Bumi Armada, Tenaga, Jotech, AirAsia and newly listed Catcha Media.
An emergency summit of leaders of the 17-nation currency area pledged on Thursday to conduct a second bailout of Greece with an extra 109 billion euros ($157 billion) of government money, plus a contribution by private sector bondholders estimated to total as much as 50 billion euros by mid-2014, according to Reuters.
Investors who have been stricken by a series of factors ranging from the US and Europe debt crises to concerns about a sharp slowdown in China used this rare bit of good news to pick up bargains, it said.
The FBM KLCI shed 0.75 point to close at 1,565.06.
Gainers led losers by 462 to 249, while 332 counters traded unchanged. Volume was 1.17 billion shares valued at RM1.99 billion.
At the regional markets, Hong Kong's Hang Seng Index jumped 2.08% to 22,444.80, Japan's Nikkei 225 rose 1.22% to 10,132.11, Singapore's Straits Times Index was up 1.42% to 3,182.95, South Korea's Kospi up 1.22% to 2,171.23, Taiwan's Taiex added 0.55% to 8,765.32 while the Shanghai Composite Index edged up 0.18% to 2,770.79.
Among the decliners on Bursa Malaysia, United PLANTATION []s fell 40 sen to RM20, Tenaga 25 sen to RM6.27, Petronas Dagangan 24 sen to RM17.84, Sindora 14 sen to RM2.60, Fima Corp and Latexx down 11 sen each to RM6.14 and RM2.18, Far East and Hong Leong Bank lost 10 sen each to RM7.10 and RM13.60, Hiap Teck down nine sen to RM1.05 and Shell eight sen to RM10.30.
Among the gainers, CI Holdings rose 53 sen to RM4.61 after the company said it was set to record gains of RM677.10 million from the sale of its bottling unit, Permanis Sdn Bhd to Asahi Group Holdings Ltd for RM820 million.
Other gainers included S P Setia that added 32 sen to RM4.02, BAT 30 sen to RM46.50, QSR 26 sen to RM6.28, Harrisons and Y&G 25 sen each to RM3.79 and 44.5 sen, Cypark 23 sen to RM2.31 while Tasek and CCB gained 22 sen each to
The actives included Ingenuity Solutions, Bumi Armada, Tenaga, Jotech, AirAsia and newly listed Catcha Media.
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