Blue chips fell in early Thursday trade with plantations among the top losers as the FBM KLCI remained below the key 1,750 level due to continued selling pressure from foreign funds.
At 9.25am, the KLCI was down 1.27 points or 0.07% to 1,747.90. Turnover was 137.34 million shares valued at RM91mil. There were 215 gainers, 137 losers and 190 counters unchanged.
Market sentiment on Bursa Malaysia is expected to remain weak in the near term due to continuous selling by foreign institutions, says BIMB Securities Research.
It said on Thursday foreign funds were net sellers at -RM163.2mil on Wednesday and also due to the lack of fresh catalysts with the index to hover around 1,745 to 1,750.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 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
At 9.25am, the KLCI was down 1.27 points or 0.07% to 1,747.90. Turnover was 137.34 million shares valued at RM91mil. There were 215 gainers, 137 losers and 190 counters unchanged.
Market sentiment on Bursa Malaysia is expected to remain weak in the near term due to continuous selling by foreign institutions, says BIMB Securities Research.
It said on Thursday foreign funds were net sellers at -RM163.2mil on Wednesday and also due to the lack of fresh catalysts with the index to hover around 1,745 to 1,750.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 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
No comments:
Post a Comment