PetChem, Sime Darby, Hartalega among top KLCI decliners

TheEdge Thu, May 23, 2019 11:52am - 4 years View Original


KUALA LUMPUR (May 23): The FBM KLCI remains under the 1,600-point level after US shares fell overnight on Wednesday amid renewed US-China trade war concerns.

At 11.05am, the index fell 4.64 points or 0.28% to 1,599.10.

The benchmark had earlier fallen to its intra-day low of 1,589.79 before paring losses.

Losers led gainers by 560 to 135.

At the time of writing, those leading the decline on the KLCI include Petronas Chemicals Group Bhd, down 3.06%; Sime Darby Bhd, down 1.38%; and Hartalega Holdings Bhd, down 1.35%.

Other decliners on the KLCI include Petronas Gas Bhd, PPB Group Bhd and IOI Corp Bhd.

IOI Corp fell three sen or 0.71% to RM4.19 after it reported that net profit tumbled 88.12% to RM245.80 million in the third quarter ended March 31 (3QFY19), from the RM2.07 billion a year earlier, due to forex losses and lower plantations earnings.

Meanwhile, those leading the gains on the index are Genting Malaysia Bhd, up 1.63% to RM3.12; Malaysia Airports Holdings Bhd, up 0.14% to RM7.04; and CIMB Group Holdings Bhd, up 0.97% to RM5.19.

Axiata Group Bhd, Top Glove Corp Bhd and IHH Healthcare Bhd were also among the top gainers.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

AIRPORT 9.900
AXIATA 2.690
CIMB 6.550
GENM 2.730
GENTING 4.720
HARTA 2.750
IHH 6.030
IOICORP 3.950
PCHEM 6.790
PETGAS 17.540
PPB 15.600
SIME 2.600
TOPGLOV 0.800

Comments

Login to comment.