KLCI closes at day's low as telcos weigh

TheStar Mon, Jan 20, 2020 06:18pm - 4 years View Original


KUALA LUMPUR: Telcos snapped their recent rally on Monday, dragging the FBM KLCI into the red while the recovery in crude palm oil (CPO) prices was unable to lift the plantation heavyweights.

At 5pm, the KLCI was down 6.93 points or 0.43% to 1,588.88. Turnover was 2.53 billion shares valued at RM1.78bil. The broader market was mixed with 408 gainers, 449 losers and 377 counters unchanged.

Meanwhile, Moody's Investors Service said the credit profile of Malaysia (A3 stable) is supported by its large, diversified and competitive economy, strong medium-term growth prospects compared with similarly rated peers and ample natural resources.

Asean markets and Hong Kong's Hang Seng Index closed lower but China and Japan stocks closed higher.

...

Full Article on TheStar

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






Related Stocks

AMBANK 4.200
AXIATA 2.690
BKAWAN 19.680
BURSA 7.460
CDB 4.230
CIMB 6.690
DIALOG 2.300
GENTING 4.720
HLBANK 19.420
IOICORP 3.990
KAWAN 1.800
KESM 6.200
MAXIS 3.390
PBBANK 4.250
PENTA 4.440
PETDAG 21.780
PETGAS 17.660
PPB 15.680
RHBBANK 5.670
SIME 2.610
SIMEPLT 4.370
TENAGA 11.380
TOPGLOV 0.810
UTDPLT 24.120
VITROX 7.560

Comments

Login to comment.