KUALA LUMPUR, Nov 29 ― Bursa Malaysia stayed in the red at mid-afternoon, weighed down by losses in selected counters, led by Petronas Chemicals Group (PChem), Public Bank, Maxis, Digi.Com and Press Metal Aluminium Holdings.

PChem lost 58 sen to RM8.50, Public Bank dipped eight sen to RM4.44, Maxis fell 10 sen to RM3.82, Digi went down 16 sen to RM3.82, and Press Metal decreased nine sen to RM4.77.

These five counters dragged the composite index down by a combined 15.88 points.

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At 3.01pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 10.81 points to 1,475.73 from last Friday's closing of 1,486.54.

The market bellwether opened 2.77 points easier at 1,483.77.

However, market breadth was positive with gainers leading losers 506 to 409, while 333 counters were unchanged, 1,010 untraded, and 67 others suspended.

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Turnover stood at 2.22 billion units valued at RM1.42 billion.

Among the heavyweights, Maybank rose three sen to RM8.70, CIMB gained four sen to RM5.84, Tenaga widened 17 sen to RM8.95, Hong Leong Bank bagged two sen to RM20.86, and IHH Healthcare fell five sen to RM5.95.

Of the actives, Advance Synergy and MMAG were flat at 20.5 sen and three sen, respectively, while MQ Technology added one sen to five sen, MY E.G. went up 2.5 sen to 89.5 sen and Top Glove eased one sen to 90 sen.

On the index board, the FBM Emas Index shed 36.59 points to 10,540.20, the FBMT 100 Index shaved off 42.83 points to 10,256.86, and the FBM Emas Shariah Index slipped 48.12 points to 10,639.50.

The FBM ACE climbed 27.49 points to 5,219.13 and the FBM 70 added 76.10 points to 12,714.45.

Sector-wise, the Financial Services Index fell 17.73 points to 16,681.43, the Industrial Products and Services Index decreased 4.26 points to 181.10, and the Plantation Index declined 32.87 points to 6,784.28, while the Energy Index gained 2.28 points to 761.37. ― Bernama