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KUALA LUMPUR: The FBM KLCI bounced back after spending a better part of the morning in the red as investors remains wary over impending US interest rate hikes and the state of the global economy.

At 12.30pm, the key index was up 2.81 points to 1,385.28. There were 456 decliners on the market compared with 251 gainers.

Trading volume was 988.3 million shares valued at RM657.72mil.

Among blue chips, IHH rose nine sen to RM5.81, Tenaga Nasional gained 11 sen to RM8.14 and Maybank added six sen to RM8.51.

PETRONAS Chemicals slid five sen to RM8.50, Press Metal shed four sen to RM4.14 and IOI dropped three sen to RM3.69.

ACE Market debutant Sunview was up 20 sen to 49 sen, paring some of its gains from earlier in the day, on active investor buying of 97.95 million shares.

Glove makers continued to see bullish activity. Top Glove, the second highest traded counter, rose 4.5 sen to 73.5 sen, Careplus gained five sen to 37 sen and Supermax added 4.5 sen to 87 sen.

Asian markets meanwhile were on the backfoot amid the tightening financial conditions and recession risks.

Uncertainty in Britain also escalated concerns following the end of the Bank of England's bond-buying programme and the firing of the country's finance minister.

Japan's Nikkei was down 1.4% to 26,712, South Korea's Kospi dropped 0.15% to 2,209 and China's composite index slid 0.1% to 3,068.

Hong Kong's Hang Seng fell 1.1% to 16,399 and Australia's ASX200 dropped 1.4% to 6,664.


转载说明:本文转载自Sunbet。 环球UG官网声明:该文看法仅代表作者自己,与本平台无关。转载请注明:lô đề là gì(www.84vng.com):FBM KLCI erases earlier losses
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