KL shares easier at mid-afternoon

By BERNAMA

Markets Mid-afternoon Bursa Malaysia inside story 01Bursa Malaysia was easier at mid-afternoon today on concerns over the price of West Texas Intermediate crude oil which slipped below US$45 per barrel, a dealer said.

At 3 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 20.62 points to 1,704.94.

The dealer told Bernama the slide, which also brought down a majority of regional shares, was currently lingering around US$44 a barrel.

On the homefront, the broader market was negative with decliners outpacing gainers 598 to 178, while 271 counters were unchanged, 752 untraded and 14 others suspended.

Turnover stood at 1.04 billion shares worth RM945.55 million.

On the scoreboard, the FBM Emas Index declined 140.89 points to 11,741.95, the FBMT100 Index fell 132.4 points to 11,433.71 and the FBM Emas Syariah Index was 157.5 points lower at 12,221.33.

The FBM70 eased 124.73 points to 12,648.48 and the FBM Ace was down 92.83 points to 6,122.65.

Sector-wise, the Finance Index was down 100.95 points to 15,325.06, the Industrial Index lost 34.47 points to 3,250.75 and the Plantation Index eased 80.61 points to 7,301.92.

Among actives, The Media Shoppe trimmed 1 sen to 6 sen, Frontken was half-a-sen lower at 25 sen, while iDimension was flat at 14.5 sen.

Meanwhile, Vsolar and APFT were both up 1 sen each to 14 sen and 23.5 sen, respectively.

Of the heavyweights, Maybank declined 6 sen to RM9.13, Public Bank trimmed 20 sen to RM18.94, TNB was down 40 sen to RM11.38, Axiata was 4 sen lower at RM6.39 and Sime Darby fell 29 sen to RM8.50.