KUALA LUMPUR, Oct 1 — Share prices on Bursa Malaysia ended lower today on profit-taking following the weak regional sentiment after losses on Wall Street overnight.

The market came under selling pressure, especially from foreign funds, as investors turned cautious due to the losses on Wall Street, said a dealer.

At 5.00pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 0.99 point to 1,845.32, after opening 0.69 of-a-point higher at 1,847.00.

The index moved between 1,478.76 and 1,494.32 throughout the day.

The Plantation Index fell 33.061 points to 8,328.3, FBM Emas Index eased 19.75 points to 12,904.92 and the FBM Emas Shariah Index declined 24.529 points to 13,161.32,

The FBMT100 Index declined 17.79 to 12,487.65, FBM Ace Index dropped 101.53 points to 7,177.41 and the FBM 70 dipped 62.351 points for 14,239.14. 

The Finance Index rose 6.561 points to 17,235.91 and the Industrial Index gained 3.62 points to 3,203.57.

Market breadth was negative with decliners outpacing gainers by 562 to 278, while 286 counters were unchanged, 482 untraded and 32 others suspended.

Total volume fell to 2.22 billion shares valued at RM1.64 billion from 2.73 billion shares worth RM2.54 billion yesterday.

On Wall Street, the Dow Jones Industrial Average fell 28.32 points to 17,042.90 as a sharp drop in consumer confidence weighed down investor sentiment.

Regional markets were mixed on the first trading day of the fourth-quarter as investors continue to keep an eye on the political unrest in Hong Kong after demonstrators planned to expand protests.

“The local market tomorrow is likely to continue to be influenced by the

direction of Wall Street tonight,” a dealer said.—MORE

Of the top losers, United Plantations fell 58 sen to RM26.10, UMW slipped 28 sen to RM11.98 and Far East Holdings dropped 25 sen to RM7.80.

Among heavyweights, Maybank lost one sen to RM9.95, Public Bank fell 12 sen to RM18.78 and Tenaga Nasional dropped six sen to RM12.32.

Of the actives, Sanichi Technology-Wa gained 4.5 sen to six sen, Malayan United Industries slipped four sen to 28.5 sen and Xinghe Holdings fell half a sen to 23.5 sen.

Main Market volume decreased 1.25 billion units valued at 1.5 billion from two billion units valued at RM2.4 billion yesterday.

Turnover on the ACE Market rose to 873.11 million shares worth RM125.25 million from 686.74 million shares worth RM133.59 million yesterday.

Warrants increased to 93.41 million units valued at 16.05 million from 40.33 million units valued at RM4.88 million previously.

Consumer products accounted for 127 million shares traded on the Main Market, industrial products (227.65 million), construction (43.03 million), trade and services (651.36 million), technology (49.02 million), infrastructure (11.74 million), SPAC (12.39 million), finance (26.42 million), hotels (5.59 million), properties (70.54 million), plantations (18.74 million), mining (272,300), REITs (13.8 million), and closed/fund (13,000).—Bernama