(RTTNEWS) – The Malaysia stock market is reduced in five straight sessions, sinking more than 40 points or 2.9 percent on the way. The Kuala Lumpur Composite Index is now under 1,525-point plateau and has been rejected to open red in red on Thursday.
Global forecast for Asian markets is soft on concerns for increasing inflation and slow growth. The European and American markets were below and the Asian Borks is expected to follow that lead.
The KLCI gloves are slightly reduced after damage from the manufacturers, profit from financial and telecommunications.
For the day, the index took a dip of 2.07 points or 0.14 percent at a daily low of 1,523.86 after reaching the peak at 1,532.72. Volumes were 3.261 billion shares of 1.964 billion rings. There were 524 declear and 388 gainers.
Among the activists, Axiata increased the number of 2.56 percent, while the CIMB group increased by 0.20 percent, dialog groups increased by 3.08 percent, digi.com fell 0.91 percent, 2.50 percent, Genting Junming Junting Junting Malaysia, 0.33 percent, 4.51 percent, increased by 1.0 percent in IHHHHHHHHH Healthcare. 0.68 percent, MRDIY 1.23 percent, Petronous Chemicals declined by 3.38 percent, PPB group declined by 3.38 percent, press metal declined by 1.93 percent, public bank collected 1.11 percent, RHB capital collected 0.17 percent, Simi Darby has 0.44 percent, Simi Darbi Planting 2.77 percent, telecom meliyes, telecomm Malas Samp, Telecom Malas Samp, Telecom Malas Samp, Telecom Malas Send, Telecom Malas Sand, Telecom Malas Sant, Telecom Malas Samp. Corporations, Kuala Lumpur Capong, Mebank and Tenga were unchanged unchanged.
The lead from Wall Street is negative because the major average spent the most session in red before finishing in the negative area and firmly in the negative area.
The Dow ended at 269.24 points or 0.81 percent at 32,910.90, while NasDAQ lost 88.96 points or 0.73 percent and finished at 12,086.27 and ended at 12,086.27 and sinks 500 at 44.91 points or 1.08 percent at 4,115.77.
Weakness on Wall Street weighs low global development forecasts by the World Bank and the organization of economic cooperation and development.
The reason for the market’s decline due to higher treasury yields already increased to the psychologically significant 3 percent level, which increased concerns about inflation.
In Economic News, the Department of Commerce said that the wholesale invention in the United States increased more than expected in April, although they were below the previous month.
Crude oil prices climbed high on Wednesday, on a sharp decline in gasoline inventions in the US last week and optimism for increasing demand from China. West Texas intermediate crude oil futures for July exceeded $ 2.70 or 2.3 percent $ 122.11 per barrel, at a three -week high.
The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.
