KUALA LUMPUR, Dec 18 — Subdued demand among investors influenced share prices to trade lower mid-afternoon on Bursa Malaysia.
At 3.04pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.13 points easier at 1,847.77.
One dealer said investors were reluctant to take major positions in the market until fresh leads emerged from the on-going Federal Reserve policy meeting.
“Market players are awaiting the outcome which would reveal if the central bank curbs its monthly asset purchases for next year,” he added.
On the scoreboard, the Finance Index declined 27.24 points to 16,842.76, the Plantation Index fell 34.18 points to 9,001.22 but the Industrial Index rose 16.23 points to 3,135.7.
The FBMT100 Index decreased 25.1 points to 12,467.78, the FBM Emas Index erased 25.2 points to 12,733.53, the FBM 70 lost 44.85 points to 14,073.67 and the FBM Ace dipped 27.56 points to 5,638.68.
Losers led gainers 397 to 255, with 306 counters unchanged, 609 untraded and 29 others were suspended.
Volume totalled 664.574 million shares worth RM810.824 million.
Among actives, Tiger Synergy slipped 1.5 points to 21 sen while Xideland Holdings was flat at 38 sen.
Of heavyweights, TNB perked eight sen to RM10.94, Maybank gained two sen to RM10.04 and Sime Darby added one sen to RM9.57.
However, CIMB fell eight sen to RM7.64 and Axiata Group shed two sen to RM6.85. — Bernama
