MMFS: Your segmented signals investment advisory firm mmfsolutions.sg

Friday, 1 June 2018

Bursa Malaysia Sector-wise, the Finance Index rose, the Plantation Index was 17.86 points higher but the Industrial Index trimmed.


Malaysia: Bursa Malaysia continued its positive momentum for the second consecutive day to open higher today as demand re-emerged for selected heavyweights amid recovering domestic sentiment, dealers said.
At 9.07am, the benchmark (Bursa Malaysia Price) FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.05 points better at 1,744.67 from Thursday's close of 1,740.62.
The index opened 0.69 of-a-point easier at 1,739.93.
On the broader market, losers led gainers 155 to 119, while 172 counters were unchanged, 1,455 untraded and 21 others suspended.
Volume stood at 181.86 million units valued at RM82.48 million.
Public Investment Bank Bhd (PublicInvest) said however external political predicament might put pressure on global equities as renewed concerns over a global trade war outweighed hopes of some sort of resolution to Italy's political problems.
"The US said it would begin levying tariffs (Stock Signals) on imports of steel and aluminium from the European Union (EU), Canada and Mexico from Friday. The EU immediately promised retaliatory tariffs, while Mexico and Canada both said they would take action," the research firm said in a note.
Among heavyweights, Maybank was one sen lower at RM9.65, Public Bank rose 16 sen to RM24.02, TNB and Petronas Chemicals advanced eight sen each to RM14.48 and RM8.13, respectively, and IHH Healthcare was flat at RM6.00.
For actives, Sapura Energy improved one sen to 56 sen, while Trive Property was half-a-sen lower at 2.5 sen, MyEG declined 3.5 sen to 85.5 sen, while EA Holdings and Tiger Synergy were both flat at three sen and eight sen, respectively.
The FBM Emas Index (Financial Adviser Malaysia) added 12.93 points to 12,141.87, the FBMT 100 Index increased 14.63 points to 11,961.4 and the FBM Emas Syariah Index rose 7.71 points to 12,183.68.
The FBM 70 decreased 27.79 points to 14,289.2 and the FBM Ace shed 18.16 points to 4,980.8.
Sector-wise, the Finance Index rose 36.52 points to 17,360.75, the Plantation Index was 17.86 points higher at 7,789.73 but the Industrial Index trimmed 8.92 points to 3,122.36.
The physical price of gold as at 9.30am stood at RM160.77 per gramme, down 52 sen from RM161.29 at 5pm yesterday.

  
For More Visit Us: www.mmfsolutions.sg/
Tel- +65-3158-2180 Email- info@mmfsolutions.sg

No comments:

Post a comment