Bursa easier at mid-afternoon

Of the heavyweights, Genting fell 12 sen to 9.23, Petronas Dagangan shed 40 sen to RM22.06, CIMB declined four sen to RM6.21 and Hong Leong Financial erased 22 sen to 16.66. — Bernama pic
Of the heavyweights, Genting fell 12 sen to 9.23, Petronas Dagangan shed 40 sen to RM22.06, CIMB declined four sen to RM6.21 and Hong Leong Financial erased 22 sen to 16.66. — Bernama pic

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KUALA LUMPUR, Nov 8 — Bursa Malaysia, which was in the red at midday, continued its downtrend at mid-afternoon today, weighed down by selling in selected heavyweights and blue-chips led by PetGas, Maybank and Genting Malaysia.

PetGas eased 38 sen to RM17.26, Maybank fell six sen to RM9.19 and Genting Malaysia was down by 10 sen to RM5.20. Cumulatively, these counters contributed 3.25 points to the composite index.  

At 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.17 points lower at 1,747.77  from Tuesday’s close of 1,750.94. It opened 4.06 points easier at 1,746.88.

On the broader market, the tone was negative with losers leading gainers 433 to 324 gainers with 385 counters unchanged, 682 untraded and 21 others were suspended.

Turnover stood at 1.42 billion shares worth RM995.19 million.

Of the heavyweights, Genting fell 12 sen to 9.23, Petronas Dagangan shed 40 sen to RM22.06, CIMB declined four sen to RM6.21 and Hong Leong Financial erased 22 sen to 16.66.

Among actives, Hubline decreased one sen to 14.5 sen, Diversified Gateway and PUC eased half-a-sen each to 7.5 sen and 19 sen respectively, BJ Corporation added half-a-sen to 38 sen and Ekovest gqained 1.5 sen to 99.5 sen.

The FBM Ace climbed 32.81 points to 6,830.39 but the FBM Emas Index dipped 11.26 points to 12,601.76, the FBM Emas Shariah Index edged up 5.53 points to 13,048.62 and the FBMT 100 Index shed 9.55 points to 12,241.70.

The FBM 70 increased 34.89 points to 15,520.80.

Sector-wise, the Finance Index fell 68.44 points to 16,259.43 and the Plantation Index was 12.54 points higher at 8,023.74 while the Industrial Index shed 0.66 of-a-point to 3,192.30. — Bernama

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