KUALA LUMPUR, Dec 10 ― KUALA LUMPUR, Dec 10 ― The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended lower today weighed by selected heavyweights, and in tandem with most regional bourses amid persistent concerns over low crude oil prices.
At 5pm, the index closed at its intra-day low of 1,648.65, down 10.71 points after hovering between 1,661.19 and 1,648.65 throughout the day.
Dealers said the risk asset markets continued to take cues from crude oil prices and traders remained cautious dwelling on weak oil prices which was within reach of a seven-year low.
Asian shares also finished mostly lower weighed down by weak overnight performance on Wall Street ahead of the US Federal Reserve meeting next week to decide on the interest rate.
Regionally, Japan's Nikkei 225 Index fell 254.52 points or 1.32 per cent to 19,046.55, Hong Kong's Hang Seng dropped 99.15 points to 21,704.61, China's Shanghai Composite Index dipped 16.94 points to 3,455.50 and Singapore's Straits Times Index trimmed 12.73 points to 2,848.46.
Of the heavyweights, Maybank added one sen to RM8.41, Axiata gained two sen to RM6.06, Petronas Chemicals rose four sen to RM6.68, Tenaga fell 14 sen to RM13.22 and Public Bank lost six sen to RM18.24.
Among actives, main market debutant Red Sena shed 12.5 sen to 37.5 sen, Asia Media eased half-a-sen to 2.5 sen, Instacom shed 1.5 sen to 28 sen while Red Sena warrant added 7.5 sen to 8.0 sen and Sanichi gained one sen to 9.0 sen.
Market breadth was negative as decliners outpaced advancers 541 to 294, while 321 counters were unchanged, 608 untraded and 21 others suspended.
Total volume increased to 2.06 billion shares worth RM1.94 billion from yesterday's 1.66 billion shares worth RM1.82 billion.
The FBM Emas Index fell 60.11 points to 11,511.52, the FBMT100 Index dropped 59.60 points to 11,187.42, the FBM Emas Shariah Index went down 61.03 points to 12,399.91, the FBM 70 fell 20.75 points to 12,861.37 and the FBM Ace shed 42.92 points to 6,420.77.
Sector-wise, the Industrial Index was 25.72 points lower at 3,196.74, the Plantation Index dropped 90.80 points to 7,358.69 while the Finance Index reduced 35.25 points to 14,107.75.
Main Market volume rose to 1.42 billion units worth RM1.80 billion from 932.96 billion units worth RM1.65 billion yesterday.
Turnover on the ACE Market declined to 460.70 million shares valued at RM105.62 million from yesterday's 551.20 million shares valued at RM151.61 million.
Warrants fell to 178.38 million units worth RM33.60 million from 179.34 million units worth RM27.15 million yesterday.
Consumer products accounted for 120.13 million shares traded on the Main Market, industrial products (223.91 million), construction (40.22 million), trade and services (377.84 million), technology (42.32 million), infrastructure (10.95 million), SPAC (453.30 million), finance (32.51 million), hotels (752,800), properties (96.25 million), plantations (14.45 million), mining (nil), REITs (7.32 million) and closed/fund (nil). ― Bernama
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