KUALA LUMPUR, Nov 27 ― The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower today, weighed down by selling activities in selected heavyweights.
At 9.15am, it was 3.28 points lower at 1,679.81, after opening 6.16 points easier at 1,676.93.
Among heavyweights, Maybank trimmed one sen to RM8.47, IHH Healthcare declined five sen to RM6.51 while Petronas Chemicals, Axiata and Sime Darby all fell two sen to RM6.82, RM6.14 and RM8.04 respectively.
TNB and Public Bank added two sen each to RM13.62 and RM18.28 respectively.
In a research note today, JF Apex Securities Bhd said the key index could rise today with resistance levels at between 1,700 and 1,728 points following the positive performance on European markets.
"The European markets surged as investors anticipate further stimulus measures to be announced by the European Central Bank during its meeting next week," it added.
Meanwhile, the US markets were closed for the Thanksgiving holiday.
Of the actives, China Stationery gained one sen to 15 sen, XOX added three sen to 51 sen, Ingenuity and 1 Utopia were flat at seven sen and 4.5 sen respectively and KNM depreciated one sen to 52.5 sen.
On the broader market, losers led gainers by 213 to 137, with 195 counters unchanged, 1,300 untraded and 85 others suspended.
Turnover stood at 267.47 million shares worth RM97.98 million.
On the scoreboards, the FBM Emas Index weakened 26.24 points to 11,667.08, the FBMT100 Index went down 25.86 points to 11,348.6 and the FBM Emas Syariah Index trimmed 39.04 points to 12,593.47.
The FBM 70 was 42.95 points easier at 12,862.53 but the FBM Ace expanded 38.57 points to 6,777.97.
On a sectoral basis, the Finance Index was up 1.06 points to 14,139.08, the Plantation Index weakened 45.74 points to 7,468.09 and the Industrial Index declined 16.59 points for 3,284.04. ― Bernama
