Blue chips drift lower, MAHB and Hartalega slip

TheStar Thu, Jun 24, 2021 09:31am - 2 years View Original


KUALA LUMPUR: Bursa Malaysia started Thursday on a lacklustre note as blue chips drifted lower on some selling of Malaysia Airports (MAHB) and Hartalega, in line with key Asian markets.

At 9.20am, the FBM KLCI was down 1.19 points or 0.08% to 1, 563.57. Turnover was 552.12 million shares valued at RM217.55mil. There were 181 gainers, 274 losers and 312 counters unchanged.

Asian stocks opened mostly steady after US shares moved in narrow ranges as traders digested commentary from Federal Reserve officials on the outlook for stimulus. Treasuries held a retreat.

Shares slipped in Japan and Australia, and rose in South Korea, while futures pointed lower in Hong Kong. U.S. contracts climbed, after a modest drop in the S&P 500 despite gains among firms that benefit from economic reopening.

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