KUALA LUMPUR, Oct 8 — The benchmark FTSE Bursa Malaysia KLCI opened lower, weighed by losses across the board and in tandem with the weaker Wall Street performance overnight.
At 9.15am, the benchmark index stood at 1,826.29 points, down 7.25 points, after opening 2.87 points easier at 1,830.67 points.
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 580 to 34 with 167 counters unchanged, 812 counters untraded and 12 others were suspended.
Turnover stood at 294.27 million shares worth RM143.06 million.
On the scoreboard, the Plantation Index decreased 49.72 points to 8,231.07, the Finance Index weakened 41.22 points to 17,039.95 points and the Industrial Index reduced 17.93 points to 3,134.91 points.
The FBM Ace erased 117.58 points to 6,719.81 points, the FBM Emas Shariah trimmed 90.33 points to 12,969.79 points and the FBM Emas Index depreciated 68.29 points to 12,705.0 points.
The FBMT100 Index shaved off 57.78 points to 12,328.89 and the FBM 70 was 98.99 points lower at 13,944.66 points.
Heavyweights, Maybank was one sen higher at RM9.93, Axiata was flat at RM7.06 while Public Bank and TNB shed two sen each to RM18.74 and RM12.56, respectively.
Among actives, Tiger Synergy edged up half-a-sen to 14.5 sen, Borneo Oil increased two sen to 68.5 sen, Daya Materials was flat 26.5 sen and Sumatec trimmed one sen to 38.5 sen. — Bernama
