KUALA LUMPUR, June 23 ― Bursa Malaysia ended the morning session lower today in rangebound trade on profit-taking and in contrast to the strong share price performance at the opening, dealers said.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 0.66 of a point or 0.40 per cent to 1,637.03, after fluctuating between 14,088.61 and 14,147.39 throughout the morning session.
A dealer said the weak global sentiment was due to concerns over the United Kingdom leaving the European Union following a referendum today.
Maybank Investment Bank Research analyst Lee Cheng Hooi in a note said the FBM KLCI supports of 1,613 to 1,637 may be areas to buy and heavy liquidation activities would cap rebounds at the resistance of 1,639 and 1,664.
Losers led gainers 374 to 204, while 346 counters remained unchanged, 802 untraded and 19 others suspended.
Turnover stood at 542.21 million shares worth RM535.97 million.
Of the heavyweights, Maybank lost four sen to RM8.18, IHH Healthcare went down one sen to RM6.50, TNB and Digi fell two sen each to RM13.98 and RM4.66 respectively.
Public Bank and Genting Malaysia improved four sen each to RM19.28 and RM4.43 respectively and Maxis was flat at RM5.79.
For the actives, Hiap Teck declined five sen to RM25 sen, while Borneo Oil and Vivocom were flat at 25 sen and 24 sen respectively.But, Comintel Corporation advanced 4.5 sen to 71 sen.
The FBM Emas Index slipped 10.93 points to 11,438.84, the FBMT 100 Index gave up 9.30 points for 11,146.39 and the FBM Emas Shariah Index eased 12.36 points to 11,986.06.
The FBM 70 eased 28.48 points to 12,984.72, the FBM Ace was 31.73 points lower at 5,218.23 and the Finance Index fell 31.95 points to 14,097.22.
The Plantation Index rose 22.78 points to 7,582.75 and the Industrial Index bagged 9.30 points to 3,080.56. ― Bernama
