KUALA LUMPUR, Aug 27 — Share prices on Bursa Malaysia were broadly lower mid-afternoon today, weighed by losses in banking stocks and selected bluechips.
At 3.04pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 20.99 points lower at 1,701.5.
The weaker performance in regional markets also affected sentiment on the local bourse.
Japan’s Nikkei 225 eased 0.69 per cent to 13,542.37, Hong Kong’s Hang Seng fell 0.63 per cent to 21,866.36 and Singapore’s Straits Times Index erased 1.46 per cent to 3,039.44.
On the scoreboard, the Finance Index lost 236.94 points to 15,963.13, the Industrial Index decreased 58.8 points to 2,856.5 and the Plantation Index declined 71.95 points to 8,113.92.
The FBM Emas Index depreciated 189.16 points to 11,781.5, the FBM70 Index trimmed 283.34 points to 13,321.04 and the FBM Ace Index gave up 282.2 points to 4,940.81.
Market breadth was negative with losers trouncing gainers 990 to 45 while 115 counters were unchanged, 115 untraded and 28 others were suspended.
Volume stood at 1.545 billion shares worth RM1.445 billion.
Among active stocks, MAS and Sona Petroleum was 1.5 sen lower each at 31 sen and 39.5 sen, respectively, The Media Shoppe edged down half-a-sen to 8.5 sen and Daya Materials fell 2.5 sen to 28 sen.
In heavyweights, Maybank declined 16 sen to RM9.76, CIMB eased 15 sen to RM7.33, SapuraKencana Petroleum shed 26 sen to RM3.25 and Petronas Gas lost 42 sen to RM19.34.
Leading the top losers, Petronas Dagangan dropped 70 sen to RM26.44 and AEON Credit Service fell 68 sen to RM15.96. – Bernama