Investors take profit after long weekend

TheStar Tue, Nov 29, 2022 05:17pm - 1 year View Original


KUALA LUMPUR: The FBM KLCI closed lower on Tuesday after last week’s strong performance, as bank shares dragged.

The 30-stock index closed down 9.58 points, or 0.64% to 1,476.96 after moving between 1,486.68 and 1,467.26.

The broader market was optimistic with 564 gainers compared with 409 decliners. Trading volume was RM3.4bil shares valued at RM2.5bil.

Among the 30 FBM KLCI constituents, PETRONAS Chemicals shed 56 sen to RM8.52, Hong Leong Financial Group fell 12 sen to RM19, Public Bank eased 11 sen to RM4.41 and IOI Corp declined 10 sen to RM3.88.

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