FTSE Bursa Malaysia KLCI (^KLSE) 1,646.53 14.83 (0.90%)
updated at: Wed, 09 Dec 2020, 05:25PM MYT

Market realigns to upcoming changes

Original Source From TheStar Publish at Tue, 01 Dec 2020, 07:40AM

The benchmark index FBM KLCI closed 44.88 points lower to 1,562.71 points after it took a dive in the final trading hour with volume spiking by about 50%. “The drop in the FBM KLCI yesterday is likely driven by the MSCI rebalancing, as well as the upcoming reshuffling in the FBM KLCI components. Some funds were selling their positions from the recent rally in the stock market and holding cash to make new positions for 2021, ” a fund manager told StarBiz.

updated at: Fri, 29 May 2020 MYT
Participation (%)
Bought (MYR)
Sold (MYR)
Net
Foreign
( 24,36 % )
2.31 B 2.23 B 77.37 M
Local Institution
( 39,38 % )
3.66 B 3.67 B 0.00 B
Local Retail
( 36,26 % )
3.34 B 3.41 B -0.07 B