Medium-term tumble on Wall St clatters Bursa, Asian markets

KLSE

The medium-term tumble on Wall Street sent key Asian markets and Bursa into the red early Thursday over the spreading aftermath from the Covid-19 corona virus all around.

At 9.12am, the FBM KLCI was down 14.23 focuses or 1% to 1,429.60. Turnover was 361.51 million offers esteemed at RM173.90mil. There were 97 gainers, 432 washouts and 120 counters unaltered.

Bloomberg revealed a worldwide value defeat extended in Asia after a recharged auction in US values, with speculators worried by an absence of clearness from the Trump organization on a coronavirus improvement bundle.

Offers in Japan sank and Australian values broadened late misfortunes, getting little rest from that country’s upgrade bundle. Treasuries found a restored offer.

Japan’s Topix file fell 1.8% as of 9:02 a.m. in Tokyo, fates on the S&P 500 lost 0.1%, Australia’s S&P/ASX 200 Index declined 2.7% and South Korea’s Kospi record sank 0.9%.

At Bursa on Wednesday, nearby organizations and retail financial specialists were net purchasers at RM280mil and RM40.3mil, balancing the net selling of RM320.3mil by outside assets.

Carlsberg fell the most, down 76 sen to RM27.08 while F&N lost 50 sen to RM29.42 and BAT 20 sen to RM11.56.

With respect to estates, PPB Group lost 44 sen to RM17.24 and KL Kepong 22 sen to RM20.50.

KESM was down 27 sen to RM7.99, Atlan and Bintulu Port 20 sen each to RM3.83 and RM4.

Top Glove was the top gainer, up 28 sen to RM6.56, Kossan 23 sen to RM5.35, Hartalega 13 sen to RM6.61 and Supermax eight sen to RM1.81.