• About WordPress
    • WordPress.org
    • Documentation
    • Learn WordPress
    • Support
    • Feedback
  • Log In
Skip to content

K-dal

The latest update for the world of entertainment information

Menu
  • Balita
    • balita sa media
    • mundo
    • Teknolohiya ng Enterprise
  • Aliwan
    • Sa Ibang Media
  • Palakasan
    • Football
    • Motorsport
  • Pelikula
  • negosyo
Menu

Blue chips to stay range-bound as investors await firmer leads

Posted on August 29, 2023 by 2wtg9

 

KUALA LUMPUR: Malaysia’s blue chips could stay range-bound pending firmer leads on infrastructure projects or policy announcements following the recent run-up in property and construction stocks.

TA Securities Research said in its review that property and construction counters rallied in the previous session on hopes for major infrastructure development and policy tweaks, which could benefit the sectors.

The broader market was positive on Monday with 580 gainers to 478 decliners although the benchmark stock index stayed within a tight trading range and ended on a slight decline.

At 9am on Tuesday, the FBM KLCI was 0.59 points lower at 1,443.47, suggesting the index was poised for another day of sideways trading.

Bank stocks however will be in focus as their report cards are scheduled to be released over the final two days of the corporate earnings period.

Maybank was up three sen to RM9.03, while Public Bank and CIMB were unchanged at RM4.08 and RM5.60 respectively.

Tenanga Nasional maintained its downward momentum following a weak showing in its last quarter, dropping 16 sen to RM9.74.

Telcos meanwhile were mixed with Maxis rising five sen to RM4.13 and CelcomDigi dropping six sen to RM4.37.

AirAsia X, which announced its quarterly earnings after the closing bell yesterday, dove 43 sen to RM2.05.

FGV, which also made its earnings announcement, dropped six sen to RM1.36, while Hengyuan Refining slid seven sen to RM3.13

Top actives were RHB up one sen to 32 sen, Pesona rising 1.5 sen to 20.5 sen and Ingenieu gaining 1.5 sen to 12.5 sen.

See also  Oil steady amid OPEC+ supply cut expectations

Source link

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

taledor news

Recent Posts

  • Singapore launches tropical climate data centre test bed – Data Centres
  • Canada’s labor markets soften further in November
  • Wind power players asking Japan to scale up offshore auctions
  • Football: Soccer-Messi focused on Copa America title defence, not long-term Argentina future
  • Motorsport: Motor racing-Williams confirms Sargeant for 2024 F1 season
taledor

Categories

  • Aliwan
  • Balita
  • balita sa media
  • Football
  • Motorsport
  • mundo
  • negosyo
  • Palakasan
  • Pelikula
  • Sa Ibang Media
  • Teknolohiya ng Enterprise
  • Uncategorized

jere

TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP
TAP

©2023 K-dal | Design: Newspaperly WordPress Theme