The FBM KLCI in the final trading minutes as crude oil losses impacted sentiment. Asian shares fell after US equities' overnight losses.
At Bursa Malaysia, the KLCI closed at 1,722.99 points at 5pm. Petronas Dagangan fell 64 sen to RM23.08 to become Bursa Malaysia's top decliner.
At the time of writing, Brent crude oil fell to US$61.70 a barrel.
"The negative news on China’s disappointing data and US (share) market (drop) along with the decline in oil price have triggered the selldown that we are seeing,” Rakuten Trade Sdn Bhd vice-president Vincent Lau said.
Across Bursa Malaysia, 2.34 billion shares worth RM2.28 billion were traded. Decliners led gainers by 583 to 254 respectively. Top decliners included oil and gas-related companies Petron Malaysia Refining
The Group achieved revenue of RM84.36 million for the quarter under review against RM57.65 million in the corresponding quarter of preceding year, representing an increase of 46%. The increase in revenue was contributed from the increase in revenue recorded for Automated Board Inspection (ABI) and Machine Vision System (MVS). Revenue from ABI and MVS have recorded an increase of 55% and 30% respectively against the corresponding quarter of preceding year. The increase was mainly due to higher demand from widen customer base and positive acceptance of our products.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ah Lyn
49 posts
Posted by Ah Lyn > 2017-11-14 21:12 | Report Abuse
Will rebound tomorrow