KL shares close lower in line with regional peers

KUALA LUMPUR: Bursa Malaysia closed with losses on Thursday as investors sentiment remained cautious and hesitated to make big moves.

Dealers said there weren't many reasons to buy, especially with the weaker performance of markets in the region.

At 5pm, the benchmark FBM KLCI fell 2.97 points or 0.21% to 1,442.85, with 13 out of the 30 constituent counters falling into the red.

Losers thumped gainers at 603 to 322 while 398 counters unchanged. Turnover stood at 3.01 billion shares worth RM1.98bil.

On the external front, Japan’s Nikkei 225 closed down 1.76% at 32,858.31 while South Korea’s Kospi ended 0.13% lower at 2,492.07.

Hong Kong’s Hang Seng index was down 0.712% at 16,345.89 while the Shanghai Composite index fell 0.09% at 2,966.21 points.

At Bursa Malaysia, PETRONAS Dagangan slid 44 sen to RM22.02, United Plantations fell 36 sen to RM16.50, Malaysian Pacific Industries lost 34 sen to RM26.36 and F&N gave up 30 sen to RM26.96.

Nestle surged RM2.20 to RM116.50, Heineken rose 62 sen to RM21.72, Eurospan added 33 sen to RM1.44 and Ajinomoto gained 24 sen to RM16.30.

Main market debutant, CPE Technology closed down 15.5 sen 91.5 sen with 76.2 million shares traded.

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Bursa Malaysia , FBM KLCI , KLCI


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