KUALA LUMPUR, Dec 7 — Bursa Malaysia turned mixed at mid-morning today, due to a lack of market moving catalysts, dealers said.
At 11.01am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,630.58, up 0.85 of-a-point from yesterday’s close of 1,629.73.
It opened 3.42 points higher at 1,633.15.
Decliners edged gainers 290 to 181, while 282 counters were unchanged, 945 untraded and 23 others suspended.
Turnover stood at 350.73 million shares worth RM270.98 million.
Kenanga Research said in a note the overall market is still reluctant to take a bite out of the overnight advance on Wall Street and risk-off political concerns in Italy, as depicted by the low trading volume and negative market breadth.
The research house expects range-bound trade within the 1,620-1,630 points level this week.
Among heavyweights, Public Bank and Petronas Gas perked two sen to RM19.64 and RM21.34 respectively, Axiata rose eight sen to RM4.38, while Maybank trimmed one sent to RM7.87 and TNB declined two sen to RM13.98.
Among actives, Green Packet, Vivocom and Tiger Synergy earned half-a-sen each to 27.5 sen, 16 sen and 4.5 sen respectively, while Hibiscus Petroleum and Accsoft trimmed half-a-sen each to 30 sen and 30.5 sen.
The FBM Emas Index went down 2.45 points to 11,383.53, the FBMT100 Index was 0.49 points lower at 11,122, while the FBM Emas Shariah Index was 2.72 points higher at 11,924.65.
The FBM Ace declined 1.67 points to 4,747.97, and the FBM 70 lost 23.5 points to 12,992.74.
Sector-wise, the Finance Index slid 18.97 points to 14,274.41, the Plantation Index was 5.88 points lower at 7,704.45 and the Industrial Index trimmed 0.36 of-a-point to 3,082.93. — Bernama
