Tough going for blue chips, Public Bank dips below key RM4

TheStar Thu, Jul 29, 2021 06:32pm - 2 years View Original


KUALA LUMPUR: Blue chips ended Thursday on a disappointing note amid the record high Covid-19 infections, the impact of restrictions on the economy while a key barometer Public Bank fell below RM4 for the first time after the bonus issue.

At 5pm, the FBM KLCI was down 2.46 points or 0.16% to 1,512.93. Turnover was 4.47 billion shares valued at RM2.85bil. The broader market weakened again as decliners beat advancers 636 to 350 while 398 counters were unchanged.

Malaysia continued to record high Covid-19 infections. As at noon Thursday, there were 17,170 new cases, raising the total number to 1,078,646 cases. Based on the population of about 32.5 million, this meant the percentage of the population infected is about 3%.

Selangor continued to record high levels at 7,163 new infections and Kuala Lumpur 2,138.

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