Bursa extends losses but at slower pace as political uncertainties weigh

TheStar Tue, Feb 25, 2020 09:18am - 4 years View Original


At Bursa on Monday amid the selldown by funds, retail investors saw a chance to pick up battered down stocks. Retail investors were net buyers at RM237.8mil but local institutions were net sellers at RM163.4mil and foreign funds RM74.3mil.

KUALA LUMPUR: Bursa Malaysia extended its losses early Tuesday as political uncertainties and implementation of policies to battle the Covid-19 coronavirus was still cloudy but the selldown could provide some buying opportunities for the brave hearted investors.

At 9.04am, the KLCI was down 5.68 points or 0.38% to 1,484.38. Turnover was 144.42 million shares valued at RM83mil. There were 53 gainers, 396 losers and 136 counters unchanged.

On the external front, Japan's Nikkei fell 3.7% for the biggest daily drop since late 2018. The market was closed on Monday, Reuters reported.

...

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

ABLEGLOB 1.760
ALLIANZ 21.440
AMBANK 4.180
AXIATA 2.600
BURSA 7.450
GENTING 4.540
HIBISCS 2.710
IGBB 2.480
KESM 6.150
KOSSAN 2.120
MAGNI 2.160
MFCB 4.790
PETGAS 18.080
QL 6.380
SKPRES 0.900
SUPERMX 0.825
TAANN 4.190
UTDPLT 25.760

Comments

Login to comment.