KUALA LUMPUR, June 4 — Share prices on Bursa Malaysia closed weaker despite bullish performance in most Asian markets on continued profit-taking in most heavyweight stocks, dealers said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 7.69 points to 1,741.48 after hovering between 1,739.92 and 1,749.20 throughout the day.

Petronas Dagangan and Far East Holdings were the top two losers as the trading ended, falling 30 sen each to RM19.90 and RM9.08, respectively.

Losers outpaced gainers 434 to 377 while 320 counters were unchanged, 679 untraded and 19 others suspended.

Total volume slipped to 1.36 billion units worth RM1.68 billion from 1.48 billion units worth RM1.99 billion on Wednesday.

A dealer said most of the regional bourses rose on renewed hope in Greece as well as a positive sign on the Europe stimulus programme.

He said investors were full of hope that the meeting between Greek Prime Minister Alexis Tsipras and key creditors this week would bring a positive outcome over its budget reform in settling its bailout loans.

Meanwhile, European Central Bank Chief Mario Draghi’s move to raise the bank’s 2015 inflation forecast to 0.3 per cent from zero indicated a lower risk of a long-term drop in prices that could cause economic stagnation.

Of the heavyweights, Maybank rose three sen to RM9.19, Public Bank was flat at RM18.56, while TNB and Sime Darby slipped two sen each to RM13.38 and RM8.61, respectively.

Among actives, Nexgram added two sen to 11 sen, NETX Holdings earned half-a-sen to six sen, while Nexgram and Kinsteel eased half-a-sen to 10.5 sen and 16 sen.

On the scoreboard, the FBM Emas Index decreased 25.35 points to 12,113.04, the FBMT100 Index declined 26.27 points to 11,783.77, the FBM Emas Syariah Index trimmed 36.18 points to 12,649.60, and the FBM Ace was 48.44 points weaker at 6,580.63.

The FBM 70, however, perked 67.64 points to 13,432.08.

The Finance Index garnered 16.12 points to 15,532.98, but the Industrial Index went down 11.11 points to 3,216.02, and the Plantation Index eased 0.47 of-a-point to 7,468.09.

Main Market volume decreased to 884.50 million shares worth RM1.55 billion, from 950.86 million shares worth RM1.83 billion on Wednesday.

Turnover on the ACE Market rose to 326.86 million shares worth RM80.61 million from 395.60 million shares valued at RM113.09 million previously.

Warrants depreciated to 154.03 million shares worth RM52.86 million from 129.27 million shares valued at RM46.20 million yesterday.

Consumer products accounted for 75.21 million shares traded on the Main Market, industrial products (158.94 million), construction (31.28 million), trade and services (411.90 million), technology (44.69 million), infrastructure (17.68 million), SPAC (10.24 million), finance (54.83 million), hotels (937,500), properties (57.47 million), plantations (15.23 million), mining (38,500), REITs (6.05 million), and closed/fund (9,000). — Bernama