KUALA LUMPUR: Bursa Malaysia saw follow-through selling pressure, with the key FBM KLCI closing below the 1,600-level, in line with regional trends.
The FBM KLCI closed at an intraday low of 1,592.44, down 0.51% or 8.24 points, bringing its full-week decline to 1.78%.
Market breadth was negative as decliners outpaced advancers. There were 389 gainers, 577 losers and 522 counters traded unchanged on the Bursa Malaysia. Turnover was at 2.7 billion shares valued at RM2.66bil.
In today’s session, 16 of the KLCI component stocks ended lower, while 10 gained and four remained unchanged.
Laggards in the component stocks included Kuala Lumpur Kepong, which fell 50 sen to RM21.90, PETRONAS Dagangan shed 38 sen to RM17.62 and MISC lost 35 sen to RM7.60
Key winners on the FBM KLCI include Hong Leong Bank, which rose 20 sen to RM20.58, Maybank gained six sen to RM10.36 and RHB Bank climbed five sen to RM6.45.
On the broader market, Dutch Lady
surged RM1.36 to RM30.22, BLD Plantation rose 58 sen to RM10.96, Malaysian Pacific Industries lost 40 sen to RM24.90 and Ayer fell 15 sen to RM7.10.
ACE Market debutant, Metro Healthcare climbed 0.5 sen to 25.5 sen with 152.94 million shares traded.
Elsewhere in the region, Japan’s Nikkei 225 added 0.28%, South Korea’s Kospi fell 0.08%, China’s Shanghai Composite Index lost 1.45% and Hong Kong’s Hang Seng Index closed down 0.05%.
