Wall St tumble sends KLCI below 1,700, Public Bank down - Business News - News Summed Up

Wall St tumble sends KLCI below 1,700, Public Bank down - Business News


KUALA LUMPUR: The overnight tumble on Wall Street pushed Asian stocks including Bursa Malaysia sharply lower early Wednesday with Public Bank, Petronas Dagangan and Petronas Gas among the top losers.At 9.11am, the KLCI was down 14.45 points or 0.84% to 1,696.26. Turnover was 198.81 million shares valued at RM121.73mil. There were 54 gainers, 399 losers and 133 counters unchanged.Asian stocks fell, weighed by a renewed bout of selling on Wall Street, and crude oil struggled after a sharp slide as economic growth concerns gripped global markets, Reuters reported.MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.55%. United Plantations fell 72 sen to RM26, BAT 70 sen to RM37.58, Allianz 56 sen to RM11.72.KESM lost 16 sen to RM10.50 and SAM Engineering 15 sen to RM8.25. fell two sen to 35 sen in active trade while MyEG lost three sen to RM1.12.Top Vision rose five sen to 23 sen when it made its debut on the LEAP Market.


Source: thestar November 21, 2018 01:30 UTC



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