KUALA LUMPUR: Bura Malaysia was set to end the last trading of July on a weak note as the broader market weakened and the FBM KLCI almost neared the critical 1,500 level in early Friday trade.
At 9.19am, the KLCI was down 7.26 points or 0.48% to 1,505.67. Turnover was 444.81 million shares valued at RM244.16mil. Decliners beat advancers two to one or 307 losers to 157 gainers while 308 counters were unchanged.
Bloomberg reported US equity futures retreated and Asian stocks were steady early Friday as traders weighed megacap technology earnings and risks from China’s crackdown on private industries.
Japan and South Korea edged down but Australian shares rose. Nasdaq 100 contracts shed about 1% as Amazon.com Inc. tumbled in extended trading on signs its rapid growth through the pandemic is waning.
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