Money
Weighed down by selling, KL shares lower at mid-morning
Bursa Malaysia resumed afternoon session on a easier note, reversing its earlier gains on the back of weak buying momentum especially for bluechips in Kuala Lumpur June 29, 2017. u00e2u20acu201d Bernama pic


Bursa Malaysia resumed afternoon session on a easier note, reversing its earlier gains on the back of weak buying momentum especially for bluechips in Kuala Lumpur June 29, 2017. — Bernama pic

KUALA LUMPUR, Oct 20 — Share prices on Bursa Malaysia were lower at mid-morning, with the barometer FTSE Bursa Malaysia KLCI (FBM KLCI) weighed down by selling in selected heavyweights, dealers said. 

At 11.20am, the FBM KLCI was 1.34 points easier at 1,742.65, after opening 1.04 points better at 1,745.03 from yesterday's close of 1,743.99.

On the broader market, losers led gainers 357 to 277 with 368 counters unchanged, 850 untraded and 19 others suspended.

Turnover stood at 1.03 billion shares worth RM433.59 million.

Of the heavyweights, Maybank slipped five sen to RM9.30, Tenaga and Public Bank eased two sen each to RM14.30 and RM20.46, respectively, while Sime Darby was two sen better at RM9.06.

Among active counters, Trive Property rose 4.5 sen to 24.5 sen, Maxwell Int inched up one sen to three sen, Palette added three sen to 41.5 sen but Key Alliance was flat at 16 sen.

The FBM Emas Index fell 4.82 points to 12,522.34, the FBMT 100 Index lost 5.58 points to 12,166.89 while the FBM Emas Shariah Index was up by 7.27 points to 12,855.43.

The FBM 70 improved 7.18 points to 15,281.65 and the FBM Ace increased 20.85 points to 6,977.21. 

Sector-wise, the Plantation Index eased 1.75 points to 7,909.42, the Finance Index was 32.93 points lower at 16,313.80 and the Industrial Index gained 7.06 points to 3,197.94. — Bernama

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