Money
Bursa Malaysia ends lower on profit taking
A man walks past the Malaysian stock exchange in Kuala Lumpur, on April 14, 2014. u00e2u20acu201d Reuters pic

KUALA LUMPUR, May 21 — Shares on Bursa Malaysia ended lower today on profit-taking activities and subdued buying support in line with regional bourses, dealers said.

At 5pm today, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 15.07 points to 1,795.04, after hovering between 1,793.34 and 1,810.71 throughout the day.

On the local front, a dealer said investors remained on the sidelines despite the 11th Malaysia Plan announcement, adopting a wait-and-see approach.

Losers thumped gainers by 628 to 259, with 284 counters unchanged, 628 untraded and 14 others suspended.

Total volume was slightly higher at 2.45 billion units worth RM2.28 billion from yesterday’s 1.92 billion shares worth RM1.94 billion.

On the scoreboard, the FBM Emas Index declined 93.25 points to 12,404.94, the FBMT100 Index eased 90.27 points to 12,080.72 and the FBM Emas Syariah Index decreased 88.84 points to 12,904.31.

The FBM Ace dwindled 175.56 points to 6,986.49 and the FBM 70 slid 58.43 points to 13,522.36.

The Finance Index eased 132.11 points to 16,000.02, the Industrial Index shed 5.05 points to 3,270.41 and the Plantation Index fell 9.17 points to 7,510.79. 

Of the heavyweights, TNB rose two sen to RM14, Sime Darby was flat at RM8.94 while Maybank declined 12 sen to RM9.25, Public Bank eased four sen to RM19.18 and Axiata went down 17 sen to RM6.55.  

Among actives, Nexgram gained half-a-sen to 12.5 sen while Frontken was down 2.5 sen to 29.5 sen, China Automobile decreased five sen to 45 sen, Kanger slid half-a-sen to 19.5 sen and AirAsia X was down one sen to 25.5 sen.          

Main Market volume increased to 1.75 billion shares worth RM2.09 billion from 1.32 billion units worth RM1.79 billion yesterday. 

Turnover on the ACE Market depreciated to 565.75 million shares valued at RM170.94 million from 532.59 million shares valued at RM141.05 million yesterday.

Warrants rose to 130.62 million units worth RM24.94 million from 64.49 million units worth RM9.64 million previously.  

Consumer products accounted for 96.87 million shares traded on the Main Market, industrial products (444.38 million), construction (137.08 million), trade and services (795.36 million), technology (104.28 million), infrastructure (28.52 million), SPAC (7.6 million), finance (47.6 million), hotels (1.83 million), properties (66.23 million), plantations (12.01 million), mining (22,000), REITs (7.95 million) and closed/fund (27,000). — Bernama

Related Articles

 

You May Also Like