FX.co ★ Kuala Lumpur Stock Market Review

KLCI ended up at 1,172.56 in modest volume. But the benchmark traded down most of the trading hours as investors sat on the sidelines waiting for 2Q GDP results and quarterly results from big-caps and were not decisive to open strategic positions.
The downward directions of the market was due to recent run-up, so the market was overdue for the consolidation.
Among decliners were Maybank down 0.8% at MYR6.47, Bursa down 0.8% at MYR7.82, Rexit down 10.3%, Petra down 7.1% at MYR2.49. Among gainers are Olicorp Bhd up 7.79%,Kurnla Asia 8.49%, Winsung Technolog up 35%.

Best regards,

Analyst: Vladimir Donin