KLCI closes slightly lower amid mixed sentiment - Business News - News Summed Up

KLCI closes slightly lower amid mixed sentiment - Business News


KUALA LUMPUR: The local equities market ended on a soft note on Wednesday, tracking key regional markets.In Southeast Asia, Singapore and the Philippines saw positive performances in their markets following losses in previous sessions. Indonesia, however, fell 0.3% as the rupiah had slid to a 20-year low.With China's markets closed for its week-long national holiday, Hong Kong's investors stayed on the sidelines and practised caution leading to a 0.13% slip to 27,091.26.In other key Asian markets, Japan's Nikkei fell on US auto sales data, dropping 0.66% to 24.110.96, while South Korea's Kospi skidded as the won weakened, losing 1.25% to 2,309.57.At 5pm, the FBM KLCI was down 1.85 points to 1,796.30. Turnover was 2.34 billion shares valued at RM1.99bil. There were 336 gainers compared to 472 decliners and 429 counters unchanged.Weighing the market, MISC shed nine sen to RM6.04, Digi dropped five sen to RM4.77 and Maybank lost 3 sen to RM9.71Gainers included Press Metal rising 11 sen to RM4.96, Tenaga gaining four sen to RM15.58 and DIalog adding three sen to RM3.55.Some notable share price movements included Apex, which hit limit up in afternoon trade at RM1.24. It slipped 0.3% against the pound sterling at 5.3873.


Source: thestar October 03, 2018 09:31 UTC



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