Bursa: Investors may cash in today
January 16, 2018The Malaysia stock market has moved higher in three straight sessions, gathering almost 20 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,825-point plateau, although investors may cash in today, said RTTnews.
The KLCI finished slightly higher on Monday following gains from the financial shares and the plantation stocks.
For the day, the index added 3.24 points or 0.18 percent to finish at 1,825.91 after trading between 1,824.56 and 1,827.85. Volume was 5.4 billion shares worth 3.3 billion ringgit. There were 685 decliners and 378 gainers.
Among the actives:
IJM Corporation plummeted 4.38 percent
Genting Malaysia spiked 2.01 percent
YTL Corporation soared 1.35 percent
Petronas Chemicals jumped 1.24 percent
Astro Malaysia Holdings tumbled 1.12 percent
Digi.com climbed 1.06 percent
Telekom Malaysia shed 0.83 percent
IHH Healthcare gained 0.68 percent
Sime Darby added 0.74 percent
Tenaga Nasional picked up 0.25 percent
CIMB Group collected 0.15 percent
IOI Corporation, Axiata, Maybank and Public Bank all were unchanged.