TOKYO, April 23 — Share prices on Bursa Malaysia ended mixed in the morning session, with gains limited by losses in selected heavyweights such as Petronas Dagangan and Public Bank, dealers said.
At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) retreated to 1,866.52 points, up 0.1 of-a-point, after hitting 1,870.89 points earlier today.
Petronas Dagangan lost 16 sen to RM30.24, with 137,000 shares transacted, and Public Bank fell 14 sen to RM20.24, with 1.96 million shares changing hands.
Of the other heavyweights, Maybank was 1.0 sen lower at RM9.98, TNB was flat at RM11.94, CIMB gained 1.0 sen to RM7.52 and Axiata rose 2.0 sen to RM6.63.
Among actives, 1 Utopia and Frontken Corporation eased half-a-sen each to 7.5 sen and 13.5 sen, respectively, while YTL Corporation gained 9.0 sen to RM1.63.
Market breadth was negative as losers led gainers 421 to 321, while 326 counters were unchanged, 560 untraded and 19 others suspended.
Turnover stood at 1.15 billion shares worth RM918.8 million.
Kenanga Research said readings from the indicators showed the key index was still in a consolidation mode but with an upward bias with an immediate near-term trend expected to remain sideways range-bound of between 1,840 points and 1,869 points.
Meanwhile, a convincing breakout from the 1,869-level should see the local barometer rally higher to retest the next resistance level at 1,882 points,” the research house said in a note.
On the scoreboard, the Industrial Index lost 4.0 points to 3,182.57 points, the Finance Index fell 27.49 points to 17,135.37 points and the Plantation Index slipped 24.55 points to 8,975.93 points.
The FBM 70 shed 6.51 points to 14,227.07 points, the FBM Ace slipped 48.79 points to 6,894.49 points, the FBM Emas Index was 2.64 points lower at 12,964.88 points and the FBMT100 Index lost 0.77 of-a-point to 12,595.51 points. — Bernama
