Cautious start for Bursa as Petronas stocks weigh

TheStar Fri, Jul 23, 2021 09:47am - 2 years View Original


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KUALA LUMPUR: Bursa Malaysia got off to a cautious start on Friday, weighed down by losses in Petronas Dagangan, Petronas Chemicals, KL Kepong and HLFG after the rebound the previous day but tech and chip stocks advanced.

At 9.32am, the FBM KLCI was down 1.82 points or 0.12% to 1,525.80. Turnover 854.47 million shares valued at RM437.15mil There were 322 gainers, 247 loser and 350 counters unchanged.

Asian stocks made a cautious start Friday after US shares edged toward an all-time high and Treasuries climbed as traders digested some mixed economic data and the latest spate of earnings, Bloomberg reported.

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