KUALA LUMPUR, April 20 ― Bursa Malaysia ended lower today on continued selling pressures across-the-board after its all-time high performance yesterday, due to the rise in US Treasury note yield by 2.9 per cent.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended at 1,887.75, down 7.43 points from yesterday's 1,895.18.

It opened marginally higher by 0.37 of-a-point to 1,895.55 and moved between 1,883.82 and 1,896.03 throughout the day.

Inter-Pacific Securities Sdn Bhd Head of Research, Pong Teng Siew, said the all-time high level chalked up yesterday proved that foreign funds were flowing in yesterday.

However, the sentiment turned sour today as US 10-year Treasury bills reached a key level, which pointed to the strengthening of US economy and this was likely to lead to interest rate increase.

"This sentiment has affected all Asian equities marts as well, and following the bullish performance earlier, investors think its time to take profits,” he told Bernama.

The broader market sentiment was negative with 668 losers, 272 gainers, while 357 counters were traded unchanged, 619 untraded and 20 others suspended.

Volume fell to 2.44 billion units worth RM2.16 billion from 2.52 billion units worth RM2.69 billion yesterday.

Among heavyweights, Maybank added four sen to RM10.72 and Public Bank eased four sen to RM24.20.

Tenaga declined eight sen to RM15.92 and CIMB eased one sen to RM7.30.

PChem was flat at RM8.48. 

Among the losers, Allianz lost 70 sen to RM11.0, HEIM eased 68 sen to RM20.90, HengYuan declined 47 sen to RM8.32, GTronic fell 31 sen to RM4.07 and Nestle erased 30 sen to RM148.0.

SapNRG, the most actively-traded stock, fell 3.5 sen to 75.5 sen and PUC declined half-a-sen to 26 sen.

Nexgram added half-a-sen to seven sen.

DBE and BornOil were both unchanged at 3.5 sen and eight sen, respectively.

The FBM Emas Index fell 67.41 points to 13,168.54 and the FBMT 100 Index eased 62.58 points to 123,976.02.

The FBM Emas Shariah Index declined by 81.16 points to 13,350.07, FBM 70 eased 114.93 points to 15,617.03 and the FBM Ace fell 43.90 points to 5,444.12.

Sector-wise, the Finance Index gave up 32.10 points to 18,487.84, Industrial Index fell one point to 3,284.70 and the Plantation Index down 50.51 points to 7,993.89.

Main Market volume fell to 1.52 billion shares worth RM1.99 billion from 1.66 billion shares worth RM2.52 billion yesterday.

Warrants volume narrowed to 536.80 million units valued at RM114.83 million from 551.59 million units valued at RM108.21 million yesterday.

Volume on the ACE Market rose to 365.4 million shares worth RM57.02 million from 304.77 million shares worth RM57.29 million previously.

Consumer products accounted for 196.39 million shares traded on the Main Market, industrial products (368.41 million), construction (82.09 million), trade and services (669.79 million), technology (60.48 million), Infrastructure (22.06 million), SPAC (2.68 million), finance (45.51 million), hotels (7.31 million), properties (36.59 million), plantations (24.27 million), mining (44,200), REITs (7.44 million) and closed/fund (5,000). ― Bernama