By BERNAMA
Shares on Bursa Malaysia remained in the red at mid-day today as oversupply worries in global crude oil returned.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended the morning session 0.29 point easier at 1,624.92, from last Friday’s 1,625.21 points.
On the broader market, losers outpaced gainers 565 to 186, with 276 counters unchanged, 734 counters untraded and 32 others suspended.
Turnover stood at 726.39 million shares worth RM619.58 million.
The FBM KLCI moved between 1,618.26 and 1,627.44 throughout the morning session, after a higher opening at 1,627.29 at 9.00am.
The key index was dragged down by Public Bank which fell 10 sen to RM18.10 and Axiata, losing nine sen to RM6.05, while Petronas Chemicals and IHH Healthcare declined 3 sen each to RM6.87 and RM6.52 respectively. Tenaga bucked the trend, lending support to the index with a 14
sen gain to RM12.94.
On the scoreboards, the FBM Emas Index dipped 19.98 points to 11,311.53, the FBMT100 Index shed 15.20 points to 11,014.95 and the FBM Emas Shariah Index trimmed 22.81 points to 12,208.56.
The FBM 70 slid 64.88 points to 12,622.23 and the FBM Ace dipped 61.99 points to 5,906.05.
On a sectoral basis, the Finance Index trimmed 39.98 points to 13,589.53, the Plantation Index declined 8.81 points to 7,449.99, while the Industrial Index bucked the trend, appreciating 5.97 points to 3,152.39.
British American Tobacco led the top gainers, improving 48 sen for RM55.98, while the top loser was Far East, which fell 43 sen to RM7.40.
Actively traded stocks included AirAsia X and Media Shoppe which declined half-a-sen each to 21 sen and 8.5 sen respectively, APFT gaining 1 sen to 22.5 sen, while Compugates and Tiger Synergy were both flat at 4.5 sen and 8.5 sen respectively.


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