KUALA LUMPUR, Sept 12 — Bursa Malaysia ended lower today with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closing 10.47 points or 0.56 per cent easier at 1,855.64, as profit taking activity emerged among heavyweight stocks.
A dealer said investors took profit and were squaring positions for the weekend as renewed geopolitical fears may again pressure stocks next week.
On the broader market, losers outpaced gainers by 435 to 389, with 341 counters unchanged, 447 counters untraded and 19 others suspended.
Total volume expanded to 2.49 billion shares worth RM2.23 billion from 2.04 billion shares worth RM1.92 billion yesterday.
Among FBM KLCI components, Sime Darby led the laggards, dipping 22 sen to RM9.03, while AMMB Holdings lost 24 sen to RM6.76, Petronas Chemicals shed nine sen to RM6.30, CIMB Group edged down seven sen to RM7.13 and Malayan Banking declined six sen to RM10.00.
On other scoreboards, the FBM Emas Index was 47.25 points lower at 12,991.51, the FBMT100 Index declined 49.60 points to 12,566.58 and the FBM Emas Shariah Index was 45.81 points easier at 13,234.58.
The FBM 70 however added 24.42 points to 14,363.08 and the FBM Ace soared 49.29 points to 7,178.11.
On a sectorial basis, the Finance Index lost 84.76 points to 17,390.33 and the Industrial Index shed 27.79 points to 3,212.43, while the Plantation Index pared its morning session gains, easing 27.28 points to settle at 8,490.78.
Among actively-traded stocks, Nexgram Holdings gained one sen to 14.5 sen, Talam Transform was flat at 11.5 sen and PDZ Holdings lost one sen to 31.5 sen, while Sumatec Resources edged up half a sen to 44.5 sen and Ni Hsin Resources rose 7.5 sen to 41 sen.
British American Tobacco led the top gainers, adding 86 sen to RM73.36, while the top loser was PPB Group, which fell 44 sen to RM14.32.
The Main Market volume rose to 1.79 billion units worth RM2.09 billion from yesterday’s 1.58 billion units worth RM1.82 billion.
Turnover on the ACE Market surged to 629.92 million shares valued at RM128.29 million from 421.76 million shares valued at RM95.04 million previously.
Warrants expanded to 58.96 million units worth RM8.81 million from 33.38 million units worth RM3.72 million yesterday.
Consumer products accounted for 205.39 million shares traded on the Main Market, industrial products (224.83 million), construction (120.60 million), trade and services (887.18 million), technology (40.22 million), infrastructure (32.09 million), SPAC (18.94 million), finance (39.24 million), hotels (832,300), properties (190.51 million), plantations (27.25 million), mining (71,000), REITs (8.59 million) and closed/fund (5,200).
Meanwhile, Bursa Malaysia in an announcement today said VTI Vintage Bhd will change its name to ML Global Bhd, effective 9am yesterday, September 18.
However, the company’s stock number remains unchanged. — Bernama
