Malaysia’s stock market extended its decline at Wednesday’s midday break, with selling resuming in power giant Tenaga Nasional as attrition wears down sentiment amid the lack of strong positive catalysts.
At 12.30pm, the FBM KLCI was down 0.69 of a point or 0.04% lower at 1,726.17. Turnover was 843.45 million shares valued at RM725.63mil. There were 290 gainers, 306 losers and 322 stocks unchanged.
The local market’s performance was in stark contrast to the firmer key Asian markets while the ringgit weakened to 3.7550 against the US dollar from 3.7392 the previous day.
The last batch of economic data showed the economy would expand but at a slower pace in the coming months.
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At 12.30pm, the FBM KLCI was down 0.69 of a point or 0.04% lower at 1,726.17. Turnover was 843.45 million shares valued at RM725.63mil. There were 290 gainers, 306 losers and 322 stocks unchanged.
The local market’s performance was in stark contrast to the firmer key Asian markets while the ringgit weakened to 3.7550 against the US dollar from 3.7392 the previous day.
The last batch of economic data showed the economy would expand but at a slower pace in the coming months.
Click Here To Register For Free Trial Services OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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