KUALA LUMPUR, Aug 29 ― Share prices on Bursa Malaysia were range-bound at mid-morning today on lack of catalysts amid a generally weak corporate earning reports while penny stocks eased into profit-taking consolidation mode, dealers said.

At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was four points easier at 1,871.68, after opening 3.85 points higher at 1,879.53.

On the scoreboard, the Finance Index erased 25.229 points to 17,479.96, Industrial Index eased 10.72 points to 3,249.17 and the Plantation Index declined 39.88 points to 8,556.7.

The FBM Emas Index decreased 33.54 points to 13,025.21, FBMT100 Index FELL 24.08 points to 12,617.13, FBM 70 lost 15.891 points to 14,918.81 and the FBM Ace declined 95.88 points to 6,823.88.

Losers outpaced gainers by 562 to 155 with 255 counters unchanged, 657 counters untraded and 28 others were suspended.

Turnover stood at 1.3 billion shares worth RM716.62 million.     

Among actives, PDZ and Managepay fell 2.5 sen each to 28.5 sen and 27 sen, respectively. IRIS and YFG declined two sen each to 34.5 sen and 11.5 sen respectively. Sanichi was flat at 14 sen.

For the heavyweights, Maybank and Public Bank were flat at RM10.10 and RM19.28 respectively, while TNB added six sen to RM12.50.

CIMB lost six sen to RM7.34 and Axiata slipped one sen to RM6.94. ― Bernama