KUALA LUMPUR, Jan 3 ― Bursa Malaysia remained on a low note at mid-morning due to selling pressures as investors cashed in their positions after the recent window dressing activities.
At 11.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dipped 16.91 points to 1,478.58 from last Friday's closing of 1,495.49.
The market bellwether opened 6.95 points lower at 1,488.54.
Market breadth was negative with losers outpacing gainers 429 to 259 gainers, while 369 counters were unchanged, 1,159 untraded and 13 others suspended.
Turnover amounted to 2.14 billion units worth RM547.37 million.
Among the heavyweights, Maybank and Public Bank eased two sen each to RM8.68 and RM4.30, respectively, Petronas Chemicals slipped six sen to RM8.54, CIMB contracted 9.0 sen to RM5.71, TNB lost 22 sen to RM9.41 and IHH Healthcare decreased 12 sen to RM6.10.
As for the actives, ACE-market debutant L&P Global jumped 19 sen to 49 sen, Citaglobal increased 2.5 sen to 31.5 sen and Cypark edged up half-a-sen to 47.5 sen, while JAG was flat at 35.5 sen and both MMAG and Borneo Oil edged down half-a-sen to two sen, respectively.
On the index board, the FBM Emas Index gave up 93.14 points to 10,608.41, the FBMT 100 Index went down 97.94 points to 10,321.86, the FBM Emas Shariah Index plunged 123.77 points to 10,814.78 and the FBM 70 Index trimmed 35.85 points to 12,979.17, while the FBM ACE Index improved 30.48 points to 5,338.81.
Sector-wise, the Financial Services Index dwindled 96.87 points to 16,404.44, the Plantation Index weakened 70.37 points to 7,014.31 and the Industrial Products and Services Index eased 0.65 of-a-point to 181.13, while the Energy Index grew 5.97 points to 782.16. ― Bernama
