By BERNAMA
Share prices on Bursa Malaysia remained lower at mid-morning today as traders remained sidelined.
At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.16 points easier at 1,624.05 from last Friday’s 1,625.21 points, despite a higher opening at 1,627.29 at 9am.
On the broader market, losers outpaced gainers 489 to 151, with 270 counters unchanged, 851 counters untraded and 32 others suspended.
Turnover stood at 520.26 million shares worth RM366.58 million.
A dealer said Bursa’s weak performance at mid-morning was in tandem with most of its regional peers, as crude oil prices resumed the decline on rekindled concerns over global economic growth.
On the scoreboards, the FBM Emas Index trimmed 24.85 points to 11,306.66, the FBMT100 Index eased 22.40 points to 11,007.75, and the FBM Emas Shariah Index slipped 25.91 points to 12,205.46.
The FBM 70 slid 77.92 points to 12,609.19, the FBM Ace dipped 56.47 points to 5,911.57.
On a sectorial basis, the Finance Index trimmed 29.61 points to 13.599.90, while the Plantation Index bucked the trend, appreciating 8.55 points to 7,467.35 and the Industrial Index advanced 3.25 points to 3,149.67.
For the heavyweights, Tenaga climbed 12 sen to RM12.92, Maybank slipped 1 sen to RM8.30, Petronas Chemicals edged down 4 sen to RM6.86, while Public Bank declined 8 sen to RM18.12.
Among actives, AirAsia X added half-a-sen to 22 sen, Media Shoppe fell half-a-sen to 8.5 sen, APFT gained 1 sen to 22.5 sen, while Compugates and Priceworth were both flat at 4.5 sen and 13.5 sen respectively.
British American Tobacco led the top gainers, gaining 44 sen for RM55.94, while the top loser was Kossan Rubber, which fell 16 sen to RM8.44.
On regional markets, Japan’s Nikkei 225 dipped 1.82% to 16,799.97, Singapore’s Straits Times slipped 0.42% to 2,570.42 and Hong Kong’s Hang Seng fell 1.43% to 19,064.11.
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