KUALA LUMPUR, May 20 ― Shares on Bursa Malaysia turned marginally lower at mid-morning today on lack of buying support, dealers said.
At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 0.17 of-a-point to 1,809.55, after opening 2.35 points higher at 1,812.07.
RHB Research in its note said the resistance level is now anticipated at 1,827 points, and immediate resistance at 1,871 points.
On the scoreboard, the FBM Emas Index fell 3.57 points to 12,495.22, the FBMT100 Index declined 6.54 points to 12,165.54 and the FBM Emas Shariah slid 6.09 points to 12,989.06.
The FBM 70 lost 27.92 points to 13,568.17 and the FBM Ace fell 17.77 points to 7,192.47.
On a sectoral basis, the Finance Index was up 7.89 points to 16,135.97, while Industrial Index declined 3.88 points to 3,266.06, and the Plantation Index slid 18.78 points to 7,506.65.
Market breadth was negative as losers outpaced gainers 239 to 282, while 304 counters were unchanged, 979 untraded and 19 others suspended.
Turnover stood at 713.89 million shares worth RM463.07 million.
Of the heavyweights, Maybank and TNB added two sen each to RM9.36 and RM14 respectively, while Public Bank and Sime Darby were both flat at RM19.18 and RM8.95.
Meanwhile, Axiata eased two sen to RM6.73.
Among actives, Nexgram and Frontken slid half-a-sen each to 12.5 sen and 31.5 sen respectively, and Kanger lost two sen to 19 sen.
Meanwhile, RGB rose half-a-sen to 17 sen and China Automobile was up two sen to 47 sen. ― Bernama
