KUALA LUMPUR, June 18— Bursa Malaysia ended lower today on broad selling momentum, lower economic growth projection and also in line with most regional markets following spiking Covid-19 cases. The Asian Development Bank said Malaysia’s gross domestic product growth is forecast to...
The Asian Development Bank said Malaysia’s gross domestic product growth is forecast to contract 4.0 per cent this year and grow 6.5 per cent in 2021. ― Picture by Hari Anggara
The benchmark FTSE Bursa Malaysia KLCI fell 21.41 points or 1.40 per cent to end the day at 1,504.91 from yesterday’s close of 1,526.32. Total volume decreased to 5.12 billion shares worth RM3.87 billion from 7.55 billion shares worth RM3.82 billion yesterday. The bank added that the more open economies of Malaysia, Singapore, Thailand and Vietnam were hit by slumping global trade and demand.
Of the most active, Minetech Resources and KNM edged up half-a-sen to 31 sen and 31 sen, ConnectCounty advanced 4.5 sen to 34.5 sen, Datasonic jumped 12 sen to RM1.52, MY E.G improved three sen to RM1.53, MQ Technology was flat at four sen and MTouche inched down half-a-sen to 7.5 sen. Sector-wise, the Industrial Products and Services Index discounted 1.41 point to 134.72, the Plantation Index fell 61.64 points to 6,713.4 and the Financial Services Index depreciated 143.68 points to 13,074.77.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bursa Malaysia lower at midday | Malay MailKUALA LUMPUR, June 17 — Bursa Malaysia extended losses at mid-day today on sustained selling activities and in line with regional markets. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 3.25 points to 1,514.46 from Tuesday’s close of 1,517.71. The index opened 10.27 points...
Read more »
Bursa Malaysia turns lower at mid-morning | Malay MailKUALA LUMPUR, June 17 — Bursa Malaysia turned negative at mid-morning today, as selling activities emerged in the market. At 11.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 6.43 points to 1,511.28 from Tuesday’s close of 1,517.71. The index opened 10.27 points higher at...
Read more »
Bursa Malaysia opens marginally lower | Malay MailKUALA LUMPUR, June 18 — Bursa Malaysia opened marginally lower today, as losers outpaced gainers in the broader market due to lack of fresh catalysts. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 4.45 points to 1,521.87 from Wednesday’s close of 1,526.32. The index...
Read more »
Bursa Malaysia lower at midday | Malay MailKUALA LUMPUR, June 18 — Bursa Malaysia extended its losses at mid-day today on sustained selling activities in line with regional markets amid prospects of new lockdowns due to spiking Covid-19 cases globally. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 20.19 points or 1.32...
Read more »
Bursa Malaysia opens higher | Malay MailKUALA LUMPUR, June 17 — Bursa Malaysia opened higher today in line with the stronger overnight performance of Wall Street. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.0 points to 1,525.71 from Tuesday’s close of 1,517.71. The index opened 10.27 points higher at...
Read more »
Bursa Malaysia ends higher | Malay MailKUALA LUMPUR, June 17 — Bursa Malaysia ended higher today on improved buying momentum and in line with regional markets. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.61 points or 0.57 per cent to end the day at 1,526.32 from Tuesday’s close of 1,517.71. The index opened 10.27 points...
Read more »