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KLCI Recovers From Morning Losses But Still Below 1600

Business Today ·  11/21 13:00

At midday, Malaysian stock exchange's key composite index added 0.36 of a point to 1,598.54 points, still below the 1600-point threshold.

The composite index fluctuated within a range of 10.95 points, from 1,588.99 points to 1,599.94 points during the half-day session.

The benchmark index this morning dipped 5.42 points in the opening session to 1,592.76 points.

As at 9:40am, Tenaga Nasional Bhd shed 24 sen to RM14.06 on a turnover of 525,400 units/shares, recovered two sen to reach RM14.08 at midday. Consumer electronics manufacturer Formosa Prosonic Industries Bhd shed 12 sen to RM2.771 as at 9:40am. At midday, Formosa Prosonic's shares stood at RM2.77, unchanged, on a turnover of over 2.45 million2 units/shares.

At midday, Ace market technology listing Zen Tech International Bhd was the most actively traded counter which recorded a turnover of over 347 million3 units/shares, adding half of a sen to RM0.015.

Midday decliners stood out with massive losses. Semiconductor manufacturer Malaysian Pacific Industries Bhd recorded the biggest half-day loss of 60 sen to RM24.28 on a turnover of 194,400, followed by Nestle (Malaysia) Bhd which gave up 34 sen to RM97.66 on a turnover of 38,900 units/shares. BLD Plantation Bhd, meanwhile, retreated 48 sen to RM10.46 on a turnover of just 1,200 units/shares.

YTL utilities duo also declined during the half-day session. As at 12:30pm, YTL Power International Bhd and YTL Corporation Bhd both slipped 11 sen to RM3.04 and RM1.85, respectively.

  1. Previously contained information "on a turnover of nearly 1.4 million units/shares" ︎

  2. 2,450,100 units/shares ︎

  3. 347,048,800 units/shares ︎

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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