KUALA LUMPUR, Oct 25 — Bursa Malaysia turned marginally lower at mid-morning today, in range bound trading, as traders stayed cautious ahead of this Friday's Budget 2018 proposals.
At 11.02am, the benchmark FBM KLCI was 0.74-of-a-point lower at 1,735.40, after opening 0.89 of-a-point better at 1,737.03 from Tuesday's close of 1,736.14
On the broader market, losers outpaced gainers 338 to 266 with 346 counters unchanged, 902 untraded and 18 others suspended.
Turnover stood at 832.87 million shares worth RM428.96 million.
Among heavyweights, Maybank fell five sen to RM9.20, Public Bank shed two sen each to RM20.42, Sime Darby slid three sen to RM9.08, Petronas Chemicals eased one sen to RM7.47, while TNB added two sen to RM14.32.
Of the actives, D.B.E Gurney edged up half-a-sen each to 3.5 sen, UMW Oil & Gas warrant gained 11 sen to 11.5 sen, Trive Property slid one sen to 17 sen, as Trive Property warrant eased half-a-sen to four sen, while NetX Holdings was flat at 5.5 sen.
The FBM Emas Index improved 3.41 points to 12,469.41, the FBMT100 Index was 5.08 points better at 12,113.62, the FBM Emas Shariah Index rose 11.51 points to 12,841.92 and the FBM 70 accumulated 44.42 points to 15,204.79.
The FBM Ace fell 40.46 points to 6,844.71.
Sector-wise, the Plantation Index was 14.47 points higher at 7,941.37, the Industrial Index was 0.39 of a point better at 3,200.57, while the Finance Index slipped 34.67 points to 16,223.04. — Bernama