Bursa Malaysia was brought down in early exchange today, with the composite list withdrawing from its two-day gains as financial specialists took the prompt from the medium-term downtrend on Wall Street,

FTSE Bursa Malaysia KLCI (FBM KLCI) facilitated 5.43 focuses to 1,670.57 from yesterday’s end of 1,676. The list opened 5.95 focuses flimsier at 1,670.05.

Moving in IHH Healthcare hauled the composite list somewhere near 4.047 indicates subsequent to falling 26 sen RM5.34 with 100 offers executed.

There were 84 failures and 79 gainers, while 104 counters were unaltered, 1,635 untraded and 24 others suspended.

Volume remained at 88.94 million units esteemed at RM26.29 million.

KLSE Stock Signals

KLSE Stock Loser

Stock in News

Padini Holdings Bhd – Which have fallen some 36% since posting its first-quarter money related outcomes on Nov 30 – kept on broadening its descending streak?

The stock fell 16 sen or 4.34% to RM3.53, the least in the course of the last one year. Perdana Petroleum Bhd shares fell 2.22% toward the beginning of today after the organization chose not to continue with a private arrangement to rise up to RM109 million, which was first declared in May 2017.

Tenaga Nasional Bhd. is bring down for the eighth straight day, on track for the longest losing streak since the organization opened up to the world in 1992. Tenaga Nasional has lost an aggregate of 6.2 percent amid the streak while the FTSE Bursa Malaysia EMAS Index fell 2.2 percent. Today, the stock fell 0.6 percent to RM13.42.

U.S. stocks end lower for the most part in the wake of making little moves all through the positive region as traders kept on worrying over the absence of clearness and advancement in U.S. – China exchange talks.

The Dow Jones Industrial Average DJIA, +0.29% evaded the pattern to complete with an increase 70.11 focuses, or 0.3%, 24,597.38, in the wake of energizing in excess of 200 at the session high. The S&P 500 record SPX, – 0.02% edged down 0.53 point to end at 2,650.54 and the Nasdaq Composite Index COMP, – 0.39% shed 27.98 focuses, or 0.4%, to close at 7,070.33.

Forex Signals: The ringgit trade lower against the US dollar due to profit taking. Ringgit trade at 4.1800/1850 against the greenback from 4.1780/1820 at yesterday’s close.

The post Bursa Malaysia Trade Lower After Selling In Heavyweights appeared first on We are malaysia financial advisory ,investment advisor malaysia , malaysia share market and financial advisor malaysia.