KUALA LUMPUR, Feb 9 — Share prices on Bursa Malaysia reversed earlier gains at mid-morning today as weak regional data hurt buying sentiment.
At 11.02am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,812.22, down 1.03 points after moving between 1,805.16 and 1,818.31.
However, gains in TNB helped mitigate any further downtrend with a contribution of 1.187 points to the composite index.
TNB rose 12 sen to RM14.94 with 1.346 million shares transacted.
A dealer said most regional bourses were on a downtrend, weighed on by China’s weaker-than-expected export data, which fell 3.3 per cent year-on-year.
On the scoreboard, the FBM Emas Index gained 1.76 points to 12,463.68, the FBM Emas Syariah Index increased 6.68 points to 12,987.65, and the FBM 70 improved 17.01 points to 13,475.61.
The FBMT100 Index slipped 2.6 points to 12,160.15 and FBM Ace fell 34.24 points to 6,598.61.
On a sectoral basis, the Industrial Index trimmed 10.32 points to 3,268.28 and the Plantation Index eased 3.37 points to 8,019.97.But, the Finance Index added 0.32 of a point to 15,857.52.
Losers led gainers 317 to 255, while 276 counters were unchanged, 874 untraded and 12 others suspended.
Turnover stood at 750.33 million shares worth RM498.43 million.
Among actives, KNM Group added 2.5 sen to 69.5 sen, but Asia Bioenergy shed 1.5 sen to RM17 sen, while Sumatec was flat at 22 sen.
Of the heavyweights, Maybank rose two sen to RM8.95, Public Bank increased six sen to RM18.84 and Sime Darby inched up one sen to RM9.54.
Axiata, however, shed one sen to RM7.16. — Bernama
