KLCI Market UpdateKLCI Market Update

The FTSE Bursa Malaysia KLCI (KLCI) experienced notable fluctuations between November 18 and 21, 2024, reflecting investor sentiment and market dynamics.

November 18, 2024:

  • The KLCI opened marginally higher, gaining 0.62 points to 1,593.06 at 9:10 AM. Business Today
  • By late morning, the index rose by 5.88 points (0.37%) to 1,598.32 at 10:42 AM. Business Today
  • At midday, the KLCI surged 10.79 points (0.68%) to 1,603.23. Business Today
  • The day closed with the index at 1,604.04, marking a 0.73% increase. The Edge Malaysia

November 19-21, 2024:

  • The KLCI experienced a decline over the following days, reversing the gains made on November 18. MarketWatch

Stock Performance Highlights:

  • Press Metal Aluminium Holdings Bhd: Actively traded on November 18, with over one million shares exchanged, rising 27 sen to RM4.67. Business Today
  • United Plantations Bhd: Increased by 36 sen to RM31.31 on a volume of 78,900 shares. Business Today
  • Malaysia Smelting Corporation Bhd: Rose 15 sen to RM2.41 with a turnover of 589,900 shares. Business Today
  • Heineken Malaysia Bhd: Declined by 28 sen to RM23.72 on a trading volume of 6,000 shares. Business Today
  • Dutch Lady Milk Industries Bhd: Decreased by 20 sen to RM30.02 with a turnover of 11,900 shares. Business Today

These movements underscore the dynamic nature of the Malaysian stock market during this period, influenced by various economic and corporate factors.

Note: All stock prices are in Malaysian Ringgit (RM).

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