KUALA LUMPUR, Aug 29 ― Share prices on Bursa Malaysia opened higher but eased thereafter on lack of fresh leads, dealers aid.
At 10.21am, the key index stood at 1,871.84, down 3.84 points, after opening firmer at 1,879.53.
A dealer said the market was expected to be rangebound today as investors digest second quarter earnings reports ahead of the month-end deadline while penny stocks eased into profit-taking consolidation mode.
On the scoreboard, the Finance Index erased 23.029 points to 17,482.16, the Plantation Index contracted 22.92 points to 8,573.66 and the Industrial Index lost 9.49 points to 3,250.4.
The FBM Emas Index eased 26.62 points to 13,032.13, FBMT100 Index decreased 21.91 points to 12,619.3, the FBM 70 dropped 9.29 points to 14,205.41 while the FBM Ace fell 88.96 points to 6,830.8.
Losers outpaced gainers 482 to 165 while 250 counters were unchanged, 732 untraded and 28 others were suspended.
Turnover stood at 994.58 million shares worth RM489.43 million.
Heavyweights, Maybank lost two sen to RM10.08, Public Bank added two sen to RM19.30 and TNB gained four sen to RM12.48.
Among actives, Sumatec lost 2.5 sen to 46.5 sen while Sanichi and PDZ dropped one sen each to 13 sen and 30 sen, respectively. ― Bernama
