KUALA LUMPUR: The benchmark FBM KLCI failed to sustain the buying momentum seen in the earlier part of the day and closed marginally lower on last-minute selling.
At 5pm, the 30-stock index closed 0.69 of-a-point lower at 1,791.46. The index opened 2.84 points higher at 1,795.99 this morning.
On the broader market, losers led gainers by 455 to 427, while 343 counters were unchanged. Turnover stood at 2.4 billion shares worth RM1.63bil.
Dealers said market sentiment was muted on lack of fresh lead amid last Friday mixed performance in US market.
Malayan Banking was the biggest laggard among the component stocks, falling eight sen to RM9.71 while Sime Darby Plantation
shed six sen to RM5.24. Genting Malaysia, Press Metal and Telekom Malaysia fell five sen each to RM4.94, RM4.81 and RM3.17 respectively.
Axiata rose nine sen to RM4.65, Petronas Chemical gained five sen to RM9.41 and Tenaga Nasional advanced six sen to RM15.52.
Top gainers on Bursa Malaysia included Apex Healthcare, rising 34 sen to RM8.59, British American Tobacco gained 32 sen to RM32.04 and Yinson went up 29 sen to RM4.89.
The ringgit was marginally lower against the US dollar at 4.1410, flat against the pound sterling at 5.4080, lose 0.06% to the euro at 4.8075 and edged up 0.1% against the Singapore dollar at 3.0222.
Among the key regional markets:
Japan’s Nikkei 225 rose 0.52% to 24,245.76;
Hong Kong’s Hang Seng Index gained 0.26% to 27,788.52;
CSI 300 rose 1.04% to 3,438.86;
Taiwan’s Taiex gained 0.41% to 11,051.80;
South Korea’s Kospi fell 0.18% to 2,338.88 and
Singapore’s Straits Times Index eased 0.05% to 3,255.46.
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