KUALA LUMPUR, Dec 8 — Share prices on Bursa Malaysia opened slightly lower today in the absence of buying support, a dealer said.
At 9.04am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,744.99, down 0.25 points, after opening 0.99 points lower at 1,748.38.
Trading on the local bourse was likely to pick up later boosted by the positive US payrolls data for November.
The dealer said the unemployement rate in the US for October and September were revised higher, and if it sustains, it could lift incomes and bolster consumer spending during the holidays.
The FBM Emas Index slipped 0.22 points to 12,021.40, the FBMT100 Index eased 0.26 points to 11,734.87, FBM Emas Syariah Index eased 0.20 points to 12,448.93, the FBM 70 was 0.28 points lower at 13,100.79 but the FBM Ace added 0.09 points to 6,002.69.
Sector-wise, the Plantation Index was flat at 8,032.04, the Industrial Index fell 1.01 points to 3,156.67 and the Finance Index lost 0.23 points to 15,534.12.
There were 95 gainers and 100 losers while 133 counters were unchanged, 1,389 untraded and 11 others were suspended.
Turnover stood at 55.12 million shares worth RM24 million.
Among heavyweights, Maybank lost three sen to RM8.86, TNB rose 10 sen to RM13.7, Public Bank fell 16 sen to RM18 and Axiata was six sen lower at Rm6.73.
For actives, Pasukhas added half-a-sen to 25.5 sen, Minetech Resources was flat at 9.5 sen while RGB improved one sen to 15 sen. — Bernama
