KUALA LUMPUR, July 29 — Bursa Malaysia opened marginally lower in early trading today on lack of fresh leads, dealers said.
Five minutes into trading, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,807.51, down 0.1 of a point.
HwangDBS Vickers Research said the bourse would likely rangebound for the time being with the benchmark FBMKLCI continuing to tread above the psychological support line of 1,800 point level ahead.
“Wall Street also faced a similar situation last Friday. Key US equity barometers ended a little changed between flat and 0.2 per cent amid lack of catalysts,” HwangDBS said in a research note today.
On the scoreboard, the Plantation Index rose 13.17 points to 8,418.51, the Industrial Index gained 2.41 points to 3,081.68, but the Finance Index eased 0.28 of a point to 17,336.95.
The FBM Emas Index added 0.90 of a point to 12,600.95, the FBM100 Index earned 0.06 of a point to 12,339.34, the FBM 70 Index improved 3.14 points to 14,522.92 and the FBM ACE Index garnered 19.78 points to 5,104.86.
Gainers outpaced losers by 114 to 67, with 110 counters unchanged, 1,308 untraded and 48 others suspended.
Turnover amounted to 47.080 million shares worth RM20.968 million.
Among actives, Flonic Hi-Tec inched up 1.5 sen to 13.5 sen, Alam Maritim Resources gained six sen to RM1.61 while TDM lost one sen to 87.5 sen.
Among heavyweights, both CIMB and Sime Darby opened flat at RM8.45 and RM9.53, respectively, while Maybank slipped four sen to RM10.66 and Axiata shed six sen to RM6.78. — Bernama
