KUALA LUMPUR: Bursa Malaysia slid further as broad market sentiment weakened amid mixed regional markets and a weaker ringgit.
The FBM KLCI fell 11.98 points, or 0.74%, to close at 1,609.26, just above its intraday low of 1,609.24.
Market breadth turns negative as losers outnumber gainers at a 685-to-357 ratio. The traded volume reached 2.7 billion shares, valued at RM2.03bil.
Over half of the KLCI component stocks closed in negative territory, while 10 finished higher.
Among the gainers on Bursa Malaysia, United Plantations jumped RM1.06 to RM29.16, Heineken gained 56 sen to RM22.96, Carlsberg rose 48 sen to RM20 and Alliance Bank climbed 40 sen to RM4.90.
Azam Jaya rose 31 sen, or 39.74%, to close at RM1.09 with 68.34 million shares traded, while Mega Fortris declined 1.5 sen, or 2.24%, to 65.5 sen with 63.72 million shares traded. Both companies were listed on the Main Market of Bursa Malaysia today.
Malaysian Pacific Industries
slid 70 sen to RM25.80, Dutch Lady fell 66 sen to RM29.60, Tenaga Nasional declined 30 sen to RM14.10 and Batu Kawan lost 26 sen to RM19.90.
Meanwhile, the ringgit was quoted at 44123, down 0.68% against the US dollar.
Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.93%.
Japan’s Nikkei 225 ended up 0.08% at 39,533.32, while South Korea’s Kospi finished 1.15% lower at 2,531.66.
Hong Kong’s Hang Seng index closed down 1.45% at 20,426.93. China’s blue-chip CSI300 index ended up 0.66% at 4,131.13, while the Shanghai Composite Index added 0.51% to 3,470.07.
