KUALA LUMPUR, Sept 23 ― Share prices on Bursa Malaysia opened in the red on weak buying support for selected blue chips such as British American Tobacco and Petronas Gas.
At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,839.69, down 6.36 points, after opening at 1,839.1.
British American Tobacco fell 48 sen to RM70.12 following its announcement that prices of all its cigarette brands would be revised back to their previous pricing before Sept 8, 2014, while Petronas Gas edged down 40 sen to RM22.58.
Other heavyweights Maybank eased two sen to RM10.02, Public Bank erased 10 sen to RM19.02, CIMB lost 5.0 sen to RM7.01 while Tenaga Nasional added 2.0 sen to RM12.22 and Axiata gained 1.0 sen to RM6.97.
Nexgram Holdings emerged as the most actively-traded stock during the session, with its shares pegged at 14 sen with 14.8 million shares transacted.
Market breadth was negative with losers outpacing gainers by 131 to 103 while 200 counters were unchanged, 1,194 untraded and 14 others suspended.
Turnover stood at 146.78 million shares worth RM60.57 million.
On the scoreboard, the Plantation Index declined 18.47 points to 8,404.25, the Industrial Index was 17.6 points lower at 3,185.32 and the Finance Index slipped 67.8 points to 17,282.89.
The FBM Emas Index edged down 36.14 points to 12,888.24, the FBM Emas Shariah Index fell 33.58 points to 13,132.500, the FBMT100 Index gave up 37.23 points to 12,465.35, and the FBM 70 lost 20.16 points to 14,273.53.
The FBM Ace, however, rose 18.22 points to 7.314.46. ― Bernama
