KUALA LUMPUR, Jan 29 — Share prices on Bursa Malaysia succumbed to heavy profit taking at mid-morning today, pushing the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) down 10.6 points to 1,785.29.
At 11pm, the market was seeing “red” across-the-board, amid weaker buying momentum, with sentiment dampened by a weak regional performance and overnight losses on Wall Street, dealers said.
For the top losers, Petronas Gas fell 42 sen to RM21.80, IJM Plantation declined 25 sen to RM3.43 and Seacera-Wa decreased 21 sen to 20 sen.
Among actives, Globaltec rose 1.5 sen to eight sen, while Hubline and Jobstreet were flat at 3.5 sen and 46 sen respectively.
Of the heavyweights, Tenaga Nasional lost 20 sen to RM14.60, Public Bank declined two sen to RM18.12.But Maybank rose two sen to RM8.71.
Market breadth was negative with decliners outpacing gainers 424 to 178, while 248 counters were unchanged, 901 untraded and 31 others suspended.
Turnover stood at 715.74 million shares worth RM515.73 million.
The FBM Emas Index declined 64.811 points to 12,294.63, the FBMT100 Index lost 62.59 points to 11,999.66 and the FBM Emas Shariah Index declined 71.36 points to 12,891.96.
The FBM 70 declined 36.73 points to 13,372.67 and the FBM Ace fell 52.09 points to 6,408.54.
On a sectoral basis, the Industrial Index eased 21.68 points to 3,254.56, the Finance Index declined 58.4 points to 15,456.29 and the Plantation Index fell 57.79 points to 7,992.54. — Bernama
