Wednesday, 8 March 2017

Bursa Malaysia opens easier

 Stock Trading Signals

KUALA LUMPUR - Bursa Malaysia opened less demanding on absence of impetus, couple with worldwide securities exchanges which were somewhat blended overnight, merchants said. 

At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.27 focuses gentler at 1,726.39 from yesterday's end of 1,728.66. 

The record opened 2.88 focuses less demanding at 1,725.78. 

Nonetheless, showcase breath was sure as gainers outpaced decliners 150 to 77 with 225 counters unaltered, 1,251 untraded and 16 others were suspended. 

Turnover remained at 180.38 million shares worth RM61.42 million. 

Open Investment Bank Bhd, in a note, said the FBM KLCI may exchange sideways while remote trade developments were moderately quieted. 

On Wall Street, the S&P 500 list declined 6.92 focuses to close at 2,368.39, the Dow Jones Industrial Average shed 29.58 focuses to end at 20,924.76 and the Nasdaq Composite slipped 15.25 focuses to complete at 5,833.93, said the speculation bank. 

On the home front, the FBM Emas Index declined 9.11 focuses to 12,198.97, the FBMT 100 Index fell 11.58 focuses to 11,871.39 and the FBM Emas Shariah Index shed 8.49 focuses to 12,606.8. 

The FBM 70 added 1.39 focuses to 14,232.76 and the FBM Ace was 16.97 focuses higher at 5,319.45. 

Area savvy, the Finance Index facilitated 12.73 focuses to 15,508.53, the Plantation Index declined 47.19 focuses to 8,126.95 and the Industrial Index was 1.96 focuses bring down at 3,250.66. 

Among heavyweights, Maybank was one sen higher at RM8.81 while TNB and Public Bank were down two sen each to RM13.68 and RM19.92, separately. 

Then, Sime Darby and IHH Healthcare were both level at RM9.11 and RM5.98, separately. 

Among effectively exchanged stocks were Frontken, MMAG, Palette, Priceworth and Karyon which rose one sen each to 24.5 sen, six sen, 7.5 sen, 17 sen and 24.5 sen, separately.

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