KUALA LUMPUR: The FBM KLCI finished below the support level of 1,400 on Friday, with banking and PETRONAS-linked counters being the main drag on the benchmark index.
At 5pm, the 30-stock index lost 11.28 points, or 0.8% to 1,399.70, taking its full-week drop to 0.85% or 12.03 points.
Sellers led buyers by 496 to 339, while 440 counters traded unchanged. Volume was almost three million shares, valued at RM1.91bil.
In today’s session, 21 of the KLCI-component stocks closed lower while four counters chalked up gains and five unchanged.
PETRONAS Gas lost 44 sen to RM16.12, PETRONAS Chemicals eased 13 sen to RM6.67, AmBank slid 12 sen to RM3.62 and Hong Leong Financial Group fell 10 sen.
Maybank and RHB Bank slid six sen each to RM8.43 and RM5.44 respectively. Public Bank declined five sen to RM3.90 and Hong Leong Bank eased four sen to RM19.98.
On the broader market, United Plantations fell 30 sen to RM16.08, F&N slid 28 sen to RM25.20, Apex Healthcare gained 17 sen to RM3.97 and Hong Leong Industries rose 16 sen to RM9.02.
Meanwhile, the ringgit was quoted at 4.4225, down 0.1% against the US dollar.
Among the key regional markets:
Japan’s Nikkei 225 fell 0.13% to 27,385.25;
Hong Kong’s Hang Seng Index closed down 0.67% to 19,915.68;
Shanghai Composite Index eased 0.64% to 3,265.65;
Taiwan’s Taiex rose 0.32% to 15,914.70;
South Korea’s Kospi ended down 0.39% to 2,414.96 and;
Singapore’s Straits Times Index declined 0.2% to 3,212.64 points.