KUALA LUMPUR: Investor sentiment at key regional as well as at the local market remained jittery on Thursday, June 9 as economic data that were released suggested a slowdown in growth.
Revised data showed Japan's economy shrank 0.9% in the first quarter, unchanged from the initial estimate as inventory adjustments offset weaker corporate spending, according to Reuters.
In Malaysia, production output in April fell 2.2% year-on-year and was lower 7.6% month-on-month.
The FBM KLCI was 0.10% or 1.58 points higher at the mid-day break, with gains including at Petronas-owned counters, as well as select blue chips.
Losers overtook gainers by 304 to 263, while 297 counters traded unchanged. Volume was 332.06 million shares valued at RM528.34 million.
The ringgit weakened 0.07% to 3.0195 versus the US dollar; crude palm oil futures for the third month delivery gained RM13 per tonne to RM3,326, crude oil rose 43 cents per barrel to US$101.17 while gold shed US$1.52 per troy ounce to US$1,536.13.
At the regional markets, Japan's Nikkei 225 shed 0.37% to 9,414.82, Hong Kong's Hang Seng Index fell 1.04% to 22,425.13, the Shanghai Composite Inded lost 0.64% to 2,732.73 and South Korea's Kospi Index fell 0.70% to 2,068.86.
The Singapore Straits Times Index and Taiwan's Taiex edged up 0.01% each to 3,103.17 and 9,008.78 respectively.
On Bursa Malaysia, gainers included MMHE that rose 25 sen to RM8.50, HLFG 20 sen to RM12.38, Aeon Credit 16 sen to RM4.88, Hong Leong Bank, Tradewinds and Boustead added 16 sen each to RM12.92, RM10.72 and RM6.32, Pharmaniaga and SapuraCrest 15 sen each to RM5.75 and RM4.21, and Genting 14 sen to RM11.12.
Meanwhile, Petronas Dagangan gained 12 sen to RM16.12, Petronas Chemicals five sen to RM7.01 and Petronas Gas added four sen to RM11.62.
MAA was the most actively traded counter but it fell sharply in early trade on Thursday, June 9 on investors' disappointment over the price which it was selling the insurance unit to Zurich Insurance Company Ltd. The stock lost 22 sen to RM1.16 with 41.1 million shares done.
Other actives included Focus, Asia Media, Tejari, Axiata, Sanichi and Ramunia.
Decliners included SHL, Cepco, BLD PLANTATION []s, Fibon, United Plantations, Nestle and DiGi.
Revised data showed Japan's economy shrank 0.9% in the first quarter, unchanged from the initial estimate as inventory adjustments offset weaker corporate spending, according to Reuters.
In Malaysia, production output in April fell 2.2% year-on-year and was lower 7.6% month-on-month.
The FBM KLCI was 0.10% or 1.58 points higher at the mid-day break, with gains including at Petronas-owned counters, as well as select blue chips.
Losers overtook gainers by 304 to 263, while 297 counters traded unchanged. Volume was 332.06 million shares valued at RM528.34 million.
The ringgit weakened 0.07% to 3.0195 versus the US dollar; crude palm oil futures for the third month delivery gained RM13 per tonne to RM3,326, crude oil rose 43 cents per barrel to US$101.17 while gold shed US$1.52 per troy ounce to US$1,536.13.
At the regional markets, Japan's Nikkei 225 shed 0.37% to 9,414.82, Hong Kong's Hang Seng Index fell 1.04% to 22,425.13, the Shanghai Composite Inded lost 0.64% to 2,732.73 and South Korea's Kospi Index fell 0.70% to 2,068.86.
The Singapore Straits Times Index and Taiwan's Taiex edged up 0.01% each to 3,103.17 and 9,008.78 respectively.
On Bursa Malaysia, gainers included MMHE that rose 25 sen to RM8.50, HLFG 20 sen to RM12.38, Aeon Credit 16 sen to RM4.88, Hong Leong Bank, Tradewinds and Boustead added 16 sen each to RM12.92, RM10.72 and RM6.32, Pharmaniaga and SapuraCrest 15 sen each to RM5.75 and RM4.21, and Genting 14 sen to RM11.12.
Meanwhile, Petronas Dagangan gained 12 sen to RM16.12, Petronas Chemicals five sen to RM7.01 and Petronas Gas added four sen to RM11.62.
MAA was the most actively traded counter but it fell sharply in early trade on Thursday, June 9 on investors' disappointment over the price which it was selling the insurance unit to Zurich Insurance Company Ltd. The stock lost 22 sen to RM1.16 with 41.1 million shares done.
Other actives included Focus, Asia Media, Tejari, Axiata, Sanichi and Ramunia.
Decliners included SHL, Cepco, BLD PLANTATION []s, Fibon, United Plantations, Nestle and DiGi.
No comments:
Post a Comment