KUALA LUMPUR, June 30 — Share prices opened higher but turned easier thereafter, tracking the performance of regional peers amid negative signals from Wall Street over the Greece's debt settlement, dealers said.
At 9.14am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was down 0.15 of a point at 1,691.77 after opening 4.27 points higher at 1,695.36.
A dealer said the local market was tracking its bearish regional peers as Greece inched nearer toward a debt default.
RHB Research said the immediate resistence for the local market would be at 1,700 level while the support level is seen at 1,666.50 level.
Losers led gainers 243 to 79 with 172 counters unchanged, 1,341 untraded and 64 others were suspended.
Turnover stood at 144.58 million shares worth RM61.15 million.
On the scoreboard, the FBM Emas Index lost 13.59 points to 11,677.93, the FBMT100 Index contracted 9.58 points to 11,371.72 and the FBM Emas Syariah Index declined 17.85 points to 12,141.48.
The FBM Ace, meanwhile, fell 49.64 points to 6,119.17 and the FBM 70 slid 42.38 points to 12,677.76.
On a sectoral basis, the Plantation Index eased 1.45 points to 7,215.97 and the Finance Index slumped 20.58 points to 15,289.37 while the Industrial Index eased 4.0 points to 3,120.60.
Among heavyweights, Tenaga gained two sen to RM12.62 while Maybank and Public Bank were flat at RM9.14 and RM18.54, respectively.
Among active stocks, newly-listed Xin Hwa, stood at 76.5 sen, up 6.5 sen, from its initial public offering price of 70 sen with 17.35 million shares traded.
Other actives included, iDimension Consolidated and Frontken rose half-a-sen each to 13 sen and 25 sen, respectively, while KNM was flat at 59.5 sen. — Bernama
