KUALA LUMPUR, July 8 — Shares on Bursa Malaysia weakened early trade, with luechips leading the fall amid sustained foreign selling, dealers said.
At 10.17 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 16.24 points lower at 1,696.07, after opening 5.83 points easier at 1,706.47.
A dealer said the continuous foreign selling was due to adverse investor sentiment on the external and domestic front.
On the scoreboard, the FBM Emas Index fell 119.41 points to 11,675.52, the FBMT100 Index erased 113.49 points to 11,372 and the FBM Emas Syariah Index decreased 129.19 points to 12,116.47.
The FBM Ace was down 102 points at 6,081.59 and the FBM 70 shed 142.51 points to 12,572.58.
On a sectoral basis, the Plantation Index lost 30.98 points to 7,410.81, the Finance Index gave up 159.761 points to 15,233.56 while the Industrial Index was 40.02 points lower at 3,132.07.
Market breadth was negative as losers thumped gainers 524 to 91 while 201 counters were unchanged, 984 untraded and 22 others suspended.
Turnover stood at 541.97 million shares worth RM363.69 million.
Among heavyweights, Maybank eased six sen to RM9.09, TNB lost four sen to RM12.58 while Public Bank was flat at RM18.72.
Among actives, AirAsia lost 12 sen to RM1.37, Frontken eased one sen to 25 sen while Eden gained one sen to 31 sen. — Bernama
