KUALA LUMPUR, Sept 14 — Bursa Malaysia opened higher but turned easier thereafter as traders turned cautious and stayed on the sidelines, a dealer said.
At 9.08 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.48 points easier at 1,602.12 after opening 0.092 of a point higher at 1,605.14.
Market breadth, however, was positive with gainers outpacing decliners by 124 to 105 while 132 counters were unchanged, 1,455 untraded and 20 others suspended.
Turnover stood at 98.69 million shares worth RM44.81 million.
“As we look at the immediate bullish performance, we see a possibility that the index may continue to inch upwards,” said RHB Research Institute in a note.
The FBM Emas Index declined 2.52 points to 11,026.60, FBMT100 Index fell 3.14 points to 10,749.63 and the FBM Emas Shariah Index added 5.04 point to 11,556.38.
The FBM 70 improved 21.59 points to 11,912.15 and the FBM Ace dropped 29.92 points to 5,451.71.
On a sectoral basis, the Plantation Index fell 39.59 points to 6,850.48 and the Finance Index rose 0.35 point to 14,016.25.
The Industrial Index gained 8.71 points to 3,093.57.
Among heavyweights, Maybank inched up one sen to RM8.42, Public Bank declined two sen to RM17.74 and TNB added two sen to RM11.24.
Axiata eased two sen to RM5.88.
Among the actively-traded stocks were UEM Sunrise, Bumi Armada, KNM and AirAsia. — Bernama
