KUALA LUMPUR, July 18 — Share prices on Bursa Malaysia ended lower today on continuous selling activities in key bluechips and heavyweights.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 10.17 points to 1,872.97, after moving between 1,871.4 and 1,877.34 throughout the day.
On the broader market, losers trounced gainers by 550 to 303 with 307 counters unchanged, 479 untraded and 37 others suspended.
Total volume fell to 2.38 billion units valued at RM2.182 billion from 2.12 billion units valued at RM2.21 billion.
The easier local market was also in tandem with Wall Street’s lower overnight performance alongside regional markets, Maybank Investment Bank Bhd Regional Chartist Lee Cheng Hooi said.
“The Ukraine-Russia crisis weighed down the global equity markets. In addition, markets also reacted negatively to the crash of Flight MH17 over Ukraine yesterday, but this was not the sole reason,” he told Bernama.
Japan’s Nikkei 225 fell 1.01 per cent to 15,215.71, while Hong Kong’s Hang Seng shed 0.28 per cent to 23,454.79.
On Bursa Malaysia, the Finance Index dropped 107.17 points to 17,451.85, the Plantation Index slid 33.04 points to 9,012.83 and the Industrial Index declined 26.48 points to 3,239.03.
The FBM Emas Index eased 75.81 points to 13,062.74, the FBMT100 Index fell 77.42 points to 12,653.36, the FBM Ace slipped 26.8 points to 6,851.83 and the FBM 70 lost 121.27 points to 14,345.72.
Among actives, Sumatec Resources added half-a-sen to 42.5 sen, Talam Resources was flat at 11.5 sen, Malaysia Airlines fell 2.5 sen to 20 sen and Econpile was one sen lower at 81 sen.
BAT led the top losers, with its shares dipping RM1.70 to RM68.30, Nestle slid 74 sen to RM66.46, MAHB shed 41 sen to RM8.03 and Petronas Dagangan fell 40 sen to RM20.72.
Of the heavyweights, Maxis and Petronas Gas were flat at RM6.76 and RM23.78, respectively.
Maybank declined nine sen to RM9.91 and Public Bank lost 12 sen to RM20.02, while TNB and Sime Darby declined two sen each to RM9.63 and RM9.63 respectively.
Main Market volume rose to 2.092 billion units valued at RM2.114 billion from yesterday’s 1.74 billion units valued at RM2.13 billion.
Turnover on the ACE market declined to 228.75 million shares worth RM58.771 million from yesterday’s 292.69 million shares worth RM72.44 million.
Warrants fell to 43.194 million units worth RM5.472 million from 59.15 million units valued at RM8.53 million yesterday.
Consumer products accounted for 99.02 million shares traded on the Main Market, industrial products 255.79 million, construction 71.587 million, trade and services 1.223 billion, technology 42.21 million, infrastructure 29.95 million, SPAC 92.98 million, finance 60.89 million, hotels 4.30 million, properties 176.58 million, plantations 27.67 million, mining 10,000, REITs 7.98 million and closed/fund nil. — Bernama
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