The FBM KLCI closed down half a point to 1,682.59 on Friday.
KUALA LUMPUR: The FBM KLCI was unable to maintain its gains and closed Friday in the red on weaker Chinese data, with decliners overtaking gainers by two to one.
At 5pm, the KLCI closed down 0.5 of a point to 1,682.59. Turnover was 2.4 billion shares valued at RM2.06bil. There were 292 gainers, 635 decliners and 303 counters unchanged.
Reuters reported Chinese shares slumped on Friday, weighing on other Asian stock markets, as a fresh regulatory crackdown and falling industrial profits weighed on market sentiment.
At Bursa Malaysia, F&N fell 36 sen to RM18.04 and BAT 36 sen to RM58.50.
MNRB fell 28 sen to RM3.18 and UMW 25 sen to RM8.03.
Supermax rose 21 sen to RM2.50 and TopGlove 19 sen to RM9.69.
PPB Group rose 26 sen to RM15.88, KL Kepong 14 sen to RM22.80 and IOI Corp 20 sen to RM4.36.
US light crude oil fell 82 cents to US$42.22
Brent fell 42 cents to US$45.04
Crude palm oil for third-month delivery rose RM19 to RM2,360
The ringgit weakened against the dollar at 4.2535 from 4.2218 the previous close.
Among the key regional markets,
Japan’s Nikkei 225 fell 0.3% to 19,883.94
Hong Kong’s Hang Seng Index fell 1.87% to 22,068.32
Shanghai’s Composite Index fell 5.48% to 3,436.30
Taiwan’s Taiex fell 1.02% to 8,398.4
South Korea’s Kospi fell 0.08% to 2,028.99
Singapore’s Straits Times Index fell 0.89% to 2,859.12
Spot gold fell US$4.63 to US$1,067.70
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