KL shares remain bearish at mid-afternoon

By BERNAMA

Markets Mid-afternoon Bursa Malaysia inside story 01Shares on Bursa Malaysia remained bearish at mid-afternoon today, amid persistent selling pressure across the board.

At 3.01 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,651.34, down 31.31 points.

On the scoreboard, the FBM Emas Index lost 244.22 points to 11,331.70, the FBMT100 Index fell 225.02 points to 11,043.25, and the FBM Shariah Index declined 271.65 points to 11,731.70.

The FBM Ace fell 243.75 points to 5,776.39 and the FBM70 dropped 304.81 points to 12,101.67.

Sector-wise, the Plantation Index fell 60.15 points to 7,167.69, the Finance Index slid 314.07 points to 14,904.38 and the Industrial Index went down 54.16 points to 3,152.27.

Losers thumped gainers 921 to 67, while 145 counters were unchanged, 665 untraded and 19 others suspended.

Turnover stood at 1.31 billion shares worth RM1.01 billion.

Among actives, Frontken shed two sen to 22.5 sen, Sumatec slipped 1.5 sen to 14.5 sen, Xinghe eased half-a-sen to 6 sen, and RGB International was traded flat at 13.5 sen.

Of the heavyweights, Maybank declined 17 sen to RM8.79, Public Bank fell 24 sen to RM18.84, TNB lost 40 sen to RM11, Sime Darby slipped 10 sen to RM8.40 and Axiata shed 4 sen to RM5.96.