KUALA LUMPUR, Nov 28 ― Bursa Malaysia extended losses to mid-morning today in tandem with the downtrend on most regional markets, amid weak buying support with selling mostly in bluechips, led by Maxis and IHH Healthcare and small capitalisation stocks, dealers said.
At 11.01am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) contracted by 6.32 points to 1,713.54 against 1,719.86 recorded at yesterday’s close.
Maxis and IHH Healthcare dragged the composite index down by 3.116 points. The stocks fell 10 sen and eight sen to RM5.72 and RM5.57 respectively.
Regionally, Hong Kong's Hang Seng fell 0.51 per cent to 29,536.24, Singapore's Straits Times slipped 0.04 per cent to 3,434.84, while Japan's Nikkei 225 rose 0.17 per cent to 22,533.72 and South Korea's Kospi recovered 0.28 per cent to 2,514.95.
On Bursa Malaysia, the FBM Emas Index fell 43.61 points to 12,363.9, the FBMT 100 Index declined 41.52 points to 12,019.5 and the FBM Ace lost 54.88 points to 6,341.28.The FBM Emas Shariah Index contracted 49.43 points to 12,822.48 and the FBM 70 decreased 42.42 points to 15,304.03.
FBM SCap gave up 124.89 points for 16,810.82.
Sector wise, the Finance Index was 21.31 points lower at 15,913.72, the Plantation Index decreased 11.69 points to 7,869.05 and the Industrial Index trimmed 5.55 points to 3,108.94.
On the broader market, losers thumped gainers 505 to 172, with 320 counters unchanged, 875 untraded and 83 others suspended.
Turnover stood at 681.84 million shares worth RM476.49 million.
Among heavyweights, Maybank and Petronas Chemicals slipped one sen to RM9.19 and RM7.30 respectively, Tenaga lost four sen to RM14.96, while Public Bank eased two sen to RM20.28.
However, Sime Darby and CIMB were flat at RM8.94 and RM5.97.
Among actives, China Stationery, Borneo Oil and Hubline slipped half-a-sen each to 1.5 sen, nine sen and 11 sen, while PUC was flat at 20.5 sen. ― Bernama
