KUALA LUMPUR, June 27 — Share prices on Bursa Malaysia ended the morning session sharply lower today on extended profit-taking ahead of the weekend amid selective rotational plays on small-cap stocks, dealers said.
At the midday break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,881.78, down 8.18 points, after fluctuating between 1,880.96 and 1,889.34.
A dealer said selective rotational plays on small-cap stocks highlighted retail participation but weak buying on heavyweight counters weighed down market sentiment.
On the scoreboard, the Finance Index fell 76.301 points to 17,154.84, the Plantation Index eased 14.44 points to 9,253.84 and the Industrial Index went down 4.94 points to 3,251.51.
The FBM Emas Index shed 44.99 points to 13,038.35, the FBMT100 Index erased 47.01 points to 12,668, the FBM 70 declined 21.25 points to 14,189.48 and the FBM Ace dropped 30.44 points to 6,687.83.
Decliners led advancers 368 to 275, while 320 counters were unchanged, 667 untraded and 39 others suspended.
Turnover stood at 848.72 million shares worth RM714.67 million.
Among actives, 1Utopia and MAS eased half a sen each to six sen and 20 sen respectively. Sumatec Resources and Priceworth International gained 1.5 sen each to 31.5 sen and 23.5 sen respectively and SKP Resources added three sen to 55.5 sen.
Of the heavyweights, Maybank and CIMB eased two sen each to RM9.81 and RM7.30 respectively, Public Bank fell 28 sen to RM19.62 and TNB declined 12 sen to RM12.10. Axiata was flat at RM6.98. — Bernama
