KUALA LUMPUR, Jan 11 — Share prices on Bursa Malaysia were lower in the early session today on weaker buying across-the-board, as traders tracked the bearish performance of regional bourses.
At 9.26 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was quoted at 1,650.03, down 7.58 points, after opening 0.28 of-a-point better at 1,657.89.
Market breadth was negative with losers outpacing gainers 272 to 183, with 211 counters unchanged, 1,056 untraded and 12 others suspended.
Turnover amounted to 236.67 million shares worth RM123.98 million.
A dealer said China remained a major concern for investors after the Shanghai Composite Index fell by 9.97 per cent in just five days.
On the scoreboards, the FBM Emas Index was 47.86 points down at 11,575.42, the FBMT100 Index declined 48.14 points to 11,241.83 and the FBM Emas Shariah\ Index fell 50.22 points to 12,574.16.
The FBM Ace weakened 7.31 points to 6,316.06 and the FBM 70 gave up 56.64 points to 13,072.98.
On a sectoral basis, the Finance Index declined 58.46 points to 13,860.13, the Plantation Index slid 7.51 points to 7,618.68 and the Industrial Index fell 17.96 points to 3,185.27.
Among top losers were Petronas Gas (-20 sen to RM21.62) and Public Bank (-18 sen to RM18.10) while top gainers were Petronas Dagangan (+48 sen to RM24.48) and British American Tobacco (+38 sen to RM54.48).
For the heavyweights, Maybank eased two sen to RM8.32, TNB and Petronas Chemicals inched down 10 sen each to RM13.02 and RM7.45 respectively.
Among actives were Tiger Synergy, PUC Founder and JAG Bhd, who added half-a-sen each to 95 sen, 12 sen and 11.5 sen respectively. — Bernama
