KUALA LUMPUR, Sept 25 — Bursa Malaysia remained in the red at mid-morning today, weighed down by selected heavyweights led by CIMB.
At 11.14am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.03 points lower at 1,788.45.
Of the heavyweights, CIMB fell eight sen to RM7.82, Maybank shed five sen to RM9.92, BAT dipped by RM1.40 to RM63.40, and RHB Capital was down seven sen to RM7.91.
JF Apex Securities Bhd expects the index to be rangebound with a negative bias, with immediate support seen at 1,780.
It said in a note today that Asian equity markets were headed for a flat-to-lower open on Wednesday as investors remained cautious amid uncertainty over the Federal Reserve’s stimulus program and budget discussions in Washington.
Across Asia, Japan’s Nikkei 225 was down 0.39 per cent to 14,674.65 and Singapore Straits Times Index edged down 0.08 per cent to 3,211.75.
On Bursa Malaysia, the Plantation Index eased 1.16 points to 8,366.02, the Industrial Index was down 6.3 points to 3,047.6 and the Finance Index slid 72.05 points to 16,717.42.
The FBM Emas Index trimmed 20.55 points to 12,422.38 and the FBM100 Index declined 24.30 points to 12,159.31, but the FBM Ace perked 14.71 points to 5,503.29.
Gainers edged decliners 297 to 267, with 276 counters unchanged, 743 untraded and 13 others suspended.
Volume stood at 995.12 million shares worth RM517.57 million.
Among the actives, Frontken added two sen to 9.5 sen, TH Heavy Engineering rose four sen to 49 sen and Pesona Metro increased 1.5 sen to 45 sen.
The Media Shoppe and China Stationery were flat at 17.5 sen at 21 sen respectively. – Bernama
