Petronas Dagangan, HLBank shore up KLCI

TheStar Tue, May 04, 2021 09:35am - 3 years View Original


KUALA LUMPUR: Petronan Dagangan and Hong Leong Bank helped shore up the FBM KLCI in early Tuesday trade while the broader market was firmer after the heavy selling the previous day triggered by foreign fund selling.

At 9.25am, the FBM KLCI was up 2.02 points or 0.13% to 1,592.75. Turnover was 867.31 million shares valued at RM452.88mil. There were 363 gainers, 298 losers and 339 counters unchanged.

On the external front, Asian stocks were mixed and US equity futures retreated in the wake of a dip in technology giants on Wall Street. The dollar steadied after declining along with Treasury yields, Bloomberg reported.

South Korean shares slid while Australia rose modestly. Trading will be limited with Japan and China among markets closed for holidays.

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