KUALA LUMPUR, Oct 8 — The FTSE Bursa Malaysia KLCI (FBM KLCI) was sharply lower at mid-morning today, in tandem with its regional peers.
As at 11.04am, the benchmark index shed 7.29 points for 1,826.25.
A dealer said market sentiment was affected after the International Monetary Fund trimmed its world growth outlook to 3.8 per cent from its earlier estimate of 4.0 per cent.
Market breadth was negative with decliners thumping advancers 899 to 36, while 137 counters were unchanged, 521 untraded and 12 others suspended.
Turnover stood at 1.261 billion shares worth RM788.98 million.
On the scoreboard, the Plantation Index declined 55.53 points to 8,225.27, the Finance Index was lower 46.85 points for 17,034.32, the Industrial Index fell 13.63 points to 3,139.21, and the FBM Emas Shariah dropped 137.59 points to 12,922.53.
The FBM Ace declined 197.43 points to 6,639.96, the FBM Emas Index depreciated 106.91 points to 12,666.38, the FBMT100 Index slid 80.21 points to 12,306.46, and the FBM 70 weakened 208.46 points to 13,835.19.
Among heavyweights, Maybank gained one sen for RM9.93, Public Bank was flat at RM18.76, TNB weakened eight sen to RM12.50, while Axiata and CIMB trimmed three sen each to RM7.03 and RM6.95 respectively.
Among actives, Talam Transform was flat at 11 sen, Sumatec and Malayan United fell two sen each to 37.5 sen and 25.5 sen respectively, while DGB Asia eased 1.5 sen to 14 sen. — Bernama
