KUALA LUMPUR: There was some profit-taking on Bursa Malaysia as the year crept closer to a close, in line with the cautious sentiment in regional markets.
The benchmark FBM KLCI was down 3.4 points to 1,634.28 at the end of the morning session while the decliners on the overall market outpaced gainers 505 to 332.
Turnover was muted given the year-end festivities, with 1.33 billion shares traded for RM822.07mil.
Among the blue chips, investors cashed in on Tenaga Nasional, down six sen to RM14.78, Telekom Malaysia falling 11 sen to RM6.69 and Maybank dropping four sen to RM10.20.
Gamuda, which was higher in early morning trade on news of its acquisition of land in Port Dickson for RM424.4mil, slipped four sen to RM4.74.
Of actives, MUI Properties, dropped six sen to 37.5 sen, Velocity rose 0.5 sen to 4.5 sen and Harvest Miracle gained 1.5 sen to 15.5 sen.
Meanwhile, Asian markets were subdued on the final trading of the year as investors turned cautious over the the coming year amid uncertainty over the the incoming Trump administration.
Japan's Nikkei fell 0.96% to 39,894 and China's composite index shed 0.59% to 3,387.
Singapore's Straits Times dipped 0.21% to 3,787.
Hong Kong's Hang Seng, meanwhile, added 0.1% to 20,059.
