KLCI pares losses, claws back to above 1,500-point level
KUALA LUMPUR: The FBM KLCI pared some of its losses to end above the 1,500-point level on Friday.
The 30-stock index closed down 6.16 points, or 0.41% to 1,501.55 on losses on Petronas-linked stocks. The index moved between 1,505.53 and 1,497.77 throughout the day. On a weekly basis, the index gained 9.32 points.
Winners and losers were closely balanced, with 376 gainers against 399 losers and 452 closed flat. Turnover was at 2.614 billion shares valued at RM1.62bil.
In today’s session, 20 of the KLCI-component stocks closed lower while four counters chalked up gains.,
Among the FBM KLCI component stocks, PETRONAS Dagangan fell 50 sen to RM22.40, PETRONAS Gas eased 20 sen to RM17.10, Press Metal lost 14 sen to RM4.81 and Mr DIY declined eight sen to RM2.24.
Kuala Lumpur Kepong added 30 sen to RM22.50, Sime Darby Plantation gained four sen to RM4.46, Genting Malaysia rose one sen to RM2.96 and Axiata climbed one sen to RM2.99.
On the broader market, Chin Hin fell 32 sen to RM5.05, Malaysia Smelting Corp fell 27 sen to RM2.05, Sam Engineering eased 25 sen to RM4.44 and Panasonic Manufacturing lost 22 sen to RM26.04.
Elsewhere in the region, Japan’s Nikkei 225 closed up 0.87%, Hong Kong’s Hang Seng Index rose 0.14%, South Korea’s Kospi added 0.72%, China’s CSI300 index gained 1.35% and Singapore’s Straits Times Index added 0.4%.