KUALA LUMPUR: Investor attention gravitated to China, where protests over the ongoing Covid-19 restrictions sent global markets lower on fears over a recovery in the world's second largest economy. Meanwhile, local investors continued to take profit following the stellar rally that followed the appointment of Datuk Seri Anwar Ibrahim to the Prime Minister's post. On the blue-chip index, PETRONAS Chemicals fell 20 sen to RM8.88, Press Metal dropped seven sen to RM4.79 and Public Bank dipped three sen to RM4.49. Buoyant stocks however included Tenaga Nasional up 11 sen to RM8.89, PETRONAS Gas rising 26 sen to RM16.88 and CIMB gaining seven sen to RM5.87. Top actives on the broader markets included MMAG flat at three sen, ASB unchanged at 20.5 sne and MQ Tech up 0.5 sen to 4.5 sen.

Source: The Star November 29, 2022 13:59 UTC