KUALA LUMPUR: Bursa Malaysia saw a follow through in selling pressure on Friday which took the benchmark index while the ringgit strengthened marginally against the US dollar.
At 5pm, the 30-stock index was down 1.62 points, or 0.11% to 1,441.04 after moving between its intraday high of 1,443.75 and low of 1,438.36. For the week, the FBM KLCI ended 0.21% lower.
On the broader market, losers thumped gainers 558 to 315 while 464 counters unchanged. About 3.51 billion shares, valued at RM1.9bil, changed hands.
The ringgit was quoted at 4.7670, up 0.05% against the US dollar.
The local unit closed at 4.7695 against the greenback yesterday, the lowest level in 25 years.
The ringgit was down 0.36% against the euro at 5.0471. It fell 0.11% against the pound sterling at 5.7812 and fell 0.05% against the Singapore dollar at 3.4739.
Among the decliners on Bursa Malaysia, F&N slid 58 sen to RM26.12, Hextar Technologies lost 58 sen to RM23.62, PETRONAS Chemicals eased 28 sen to RM7.20 and Hap Seng fell 16 sen to RM5.24.
Nestle added 30 sen to RM127.80, Sunmow gained 25 sen to RM1.35, PPB rose 24 sen to RM15.60 and Malaysian Pacific Industries
climbed 12 sen to RM26.84.
Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.58%.
Japan’s Nikkei 225 closed 0.54% lower at 31,259.36 while South Korea’s Kospi closed down 1.69%, at 2,375.00.
Hong Kong’s Hang Seng index was down 0.72%, at 17,172.13 while Shanghai Composite Index ended down 00.74% at 2,983.06 points.
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