KUALA LUMPUR, April 1 — Shares on Bursa Malaysia remained in the red as at mid-morning today as selling momentum emerged in selected plantation and heavyweight counters, dealers said.

At 11.10 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 6.37 points to 1,842.84, after opening 3.11 points lower at 1,846.1.

Kuala Lumpur Kepong emerged as the top loser, falling 24 sen or 0.99 per cent to RM23.96.

In terms of market breadth, the gainer-to-loser ratio was 290 to 260, while 328 counters were unchanged, 730 untraded and 13 others suspended.

A total of 692.55 million shares valued at RM497.81 million were traded.

On the scoreboard, the Industrial Index lost 12.62 points to 3,179.5, the Plantation Index dipped 62.13 points to 8,898.09, and the Finance Index dropped 31.02 points to 16,599.81.

The FBM Emas Index dipped 38.86 points to 12,757.78, the FBMT100 Index lost 46.72 points for 12,411.25, the FBM 70 weakened by 67.42 points to 13,923.49, but the FBM Ace rose 21.06 points to 6,682.36.   

Among actives, Ingenuity Consolidated, MQ Technology and Hubline were flat at 10 sen, 11.5 sen and 4.5 sen respectively, while Masterskill Education added 4.5 sen to 47.5 sen.

As for the heavyweights, Maybank was one sen lower at RM9.67, CIMB slid two sen to RM7.13, Tenaga was flat at RM11.96, while Axiata earned one sen to RM6.68. — Bernama