KUALA LUMPUR, Sept 14 — Bursa Malaysia opened lower on Monday, extending last week’s bearish performance in line with a weaker regional trend, said an analyst.
At 9.15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.11 points, or 0.06 per cent, to 1,685.63 from Friday’s close of 1,686.74.
The index opened 0.09 of a point lower at 1,686.65.
Market breadth was subdued, with losers outnumbering gainers 322 to 200. A total of 338 counters were unchanged, 1,980 untraded and 26 suspended.
Turnover stood at 328.99 million shares worth RM160.49 million.
MBSB Investment Bank Bhd said foreign investors remained net sellers for a fourth consecutive week across the eight Asian markets, with net foreign outflows totalling US$4.52 billion.
“Thailand was the sole market to record net foreign inflows.
“Net outflows were led by South Korea, followed by Taiwan, India, Indonesia, Vietnam, Malaysia, and the Philippines,” the investment bank said in a note today.
Among the heavyweights, Public Bank and CIMB slipped a sen each to RM4.79 and RM7.78, respectively. Maybank rose four sen to RM10.42, IHH Healthcare added 10 sen to RM7.75, while Tenaga Nasional was flat at RM13.60.
Among the top actives, Zetrix AI and Luster Industries remained unchanged at 25 sen and 35 sen, respectively. United Asiapac Energy lost one sen to 34 sen, AHB added half a sen to six sen, and Top Glove firmed 1.5 sen to 81.5 sen.
Nestle led the top gainers, rising 94 sen to RM92.94. Hong Leong Bank gained 18 sen to RM23.26, Naim recovered 14 sen to 83.5 sen, Citaglobal inched up 12 sen to RM1.18, and Petronas Chemicals was up 11 sen to RM5.20.
The top losers included Malaysian Pacific Industries, which weakened 46 sen to RM40.24, UMS Integration eased 26 sen to RM8.04, Chin Teck Plantations inched down 14 sen to RM10.26, while United Plantations and Sunway Construction slipped 10 sen each to RM33 and RM7.30, respectively.
On the index board, the FBM Mid 70 Index lost 24.35 points to 17,704.29, while the FBM ACE Index fell 29.55 points to 5,230.68.
The FBM Emas Index slid 8.64 points to 12,501.56, the FBM Top 100 Index erased 10.30 points to 12,295.34, and the FBM Emas Shariah Index dropped 3.77 points to 12,393.04.
Sector-wise, the Industrial Products and Services Index edged up 0.21 of a point to 188.99, and the Energy Index gained 3.18 points to 817.61.
The Financial Services Index slid 4.89 points to 19,617.32, and the Plantation Index decreased 33.43 points to 9,402.58. — Bernama
