FBM KLCI falls 3.1 points to close at intraday low

KUALA LUMPUR: Despite opening higher at the start of the opening bell, the FBM KLCI succumbed to profit taking activities as banking worries keep investors on edge.

The benchmark index closed down 3.1 points, or 0.22% at 1,396.60, its intraday low.

There were 279 gainers, 576 losers and 412 counters unchanged

Market breadth turned negative as losers outpaced gainers on a ratio of 576-to-279 stocks. Turnover was at 3.4 billion shares valued at RM1.72bil.

On Bursa Malaysia, PETRONAS Dagangan slid 32 sen to RM20.66, Heineken eased 30 sen to RM26.70, Malaysian Pacific Industries lost 26 sen to RM28.80 and ViTrox declined 14 sen to RM7.72.

Among the gainers, PETRONAS Gas jumped 38 sen to RM16.50, F&N added 30 sen to RM25.50, Allianz rose 22 sen to RM13.78 and BAT gained 16 sen to RM10.64.

Meanwhile, the ringgit was quoted at 4.4215, up 0.14% against the US dollar.

In key regional markets, Japan's Nikkei 225 rose 0.33% to 27,476.87 while South Korea's Kospi dropped 0.24% to 2,409.22.

China's composite index shed 0.44% to 3,251.40 and Hong Kong's Hang Seng was down 1.75% to 19,567.69.

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KLCI , FBM KLCI , Bursa Malaysia


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