KLCI ekes out slight gains, Petronas stocks, Tenaga advance

TheStar Wed, Jul 28, 2021 05:49pm - 2 years View Original


KUALA LUMPUR: Blue chips eked out slight gains on Wednesday, underpinned by Petronas-linked stocks, Tenaga Nasional and selected bank stocks but the broader market was slightly weaker due to the fresh record high Covid-19 infections.

At 5pm, the KLCI was up 0.79 of a point or 0.05% to 1,515.39. Turnover was 3.65 billion shares valued at RM2.16bil. There were 411 gainers, 509 losers and 459 counters unchanged.

There were 17,405 new Covid cases as at noon on Wednesday, raising the total number in the country to 1,061,476 since the outbreak early last year. Selangor accounted for 7,171 cases and Kuala Lumpur 2,880 cases.

Reuters reported Shanghai shares fell on Wednesday but trimmed earlier losses in volatile trade as Chinese state-run media called for calm following a wild rout triggered by investors' concerns about tightening government regulation.

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