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KUALA LUMPUR : Stocks on Bursa Malaysia were lower early in the session today on a weak sentiment of buying as geopolitical tensions between China and the United States continued. Increase
. FBM KLCI) was 1.28 points lower at 1.662.58 from the end of Friday from 1.663.86,
It did however open 0.1 point better at 1.663 at 9am.
In a note, Kenanga Research reported that the FBM KLCI had "The negative outlook for the local index remains at this stage, as there is no sign of a reversal of trend potential.The momentum indicators continue mainly downward to assert further decline "From there, key investors can buy on the troughs with a support lower than 1,600 and 1,615, with resistances identified at 1,720 and 1,760"
Among the heavyweights, Maybank rose from four sen to RM9 .01, Public Bank eased eight sen to RM22.44 and Tenaga won 18 sen to RM14.44.
assets, Diversified Gateway and Pesona Metro were each half-increased Sen at 8.5sen and 29sen respectively, while Sapura Energy was flat at 60.5sen.
The FBM Emas index slipped by 51.26 points to 11,747. 73, the FBMT100 index of 52.8 points to 11,542.44 and the FBM70 of 229.66 poi nts at 14.305.05
The Fias Emas Syariah index fell slightly by 65.35 points to 11,897.95 and the FBM Ace Index L & # 39; finance index decreased by 43.9 points to 16,297, the Plantation index lost 33.35 points to 7,388.03 and the industrial index was 4.33 points higher at 3,091.95. the losers outstripped the winners from 218 to 130, while 203 counters were unchanged, 1317 non-traded and 19 others suspended
the volume rose to 261.59 million units valued at 185.43 million RM.
The physical price of gold at 9:30 pm 157.75 RM per gram, up from 13 sen fr of RM157.62 at 17:00 last Friday. – Bernama
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