Business

Bursa Malaysia remains lower at mid-day

Local bourse bucks the regional trend, easing 5.17 points at the start of the afternoon session

Updated 5 years ago · Published on 08 Jan 2021 3:51PM

Bursa Malaysia remains lower at mid-day
Weak market sentiment weighs on Bursa Malaysia this morning, leading to a weaker afternoon session as the bourse falls 5.17 points to 1,597.78 – The Vibes pic, January 8, 2021

KUALA LUMPUR – Bursa Malaysia resumed the afternoon session lower, bucking the regional trend, weighed down by weak market sentiment.

 At 3.11pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 5.17 points to 1,597.78.

On the broader market, losers outnumbered gainers by 905 to 340, while 303 counters were unchanged, 536 untraded, and 13 others suspended.

Volume stood at 5.73 billion units worth RM3.61 billion.

Among the heavyweights, Maybank lost 18 sen to RM8.10, Public Bank trimmed four sen to RM20.36, Tenaga fell 20 sen to RM10.32, and IHH Healthcare discounted 12 sen to RM5.58.

Petronas Chemicals rose 29 sen to RM7.34 and Top Glove increased 28 sen to RM6.08.

Of the actives, AT Systematization and GPA added one sen each to 19 sen and 11.5 sen respectively, Key Alliance was flat at five sen, while Vortex inched down half-a-sen to 5.5 sen.

On the index board, the FBM Emas Index was 65.05 points lower at 11,446.42, the FBMT 100 Index decreased 57.13 points to 11,204.11, the FBM 70 declined 155.17 points to 14,401.26, the FBM ACE erased 20.42 points to 10,520.55, and the FBM Emas Shariah Index slid 16.17 points to 12,911.71.

Sector-wise, the Financial Services Index decreased 153.67 points to 14,814.32, the Plantation Index fell 11.37 points to 7,408.67, while the Industrial Products and Services Index added 1.33 points to 173.14.

Related News

Malaysia / 6mth

Two factors contributed to lower EPF dividends this year – CEO

Business / 2y

SC, Bursa Malaysia pledge speedier IPO approvals in 3 months for main, ACE markets

Business / 2y

Bursa Malaysia opens lower on lack of fresh leads

Business / 2y

Bursa Malaysia retreats after yesterday's gains to open lower

Business / 2y

Bursa Malaysia opens marginally lower as ringgit drops slightly

Business / 2y

Bursa Malaysia in negative territory at mid-morning

Spotlight

Malaysia

Desa ParkCity deaths: Netizens voice concern, call for increased enforcement, crackdowns on scammers

Malaysia

Seven Yemenis arrested over dangerous stunt on KL road

Malaysia

UMNO gives state leaders mandate to negotiate electoral pacts

Malaysia

Sultan Selangor warns against greed, abuse of trust

By Alfian Z.M. Tahir

Malaysia

Form Six students to get allowance from 2027

Malaysia

Desa ParkCity deaths: Wife believed to be victim of love scam, say cops

Malaysia

Saravanan's letter will be referred to MACC, relevant authorities - PM Anwar

Malaysia

Thirteen arrested after teen girl dies in suspected gang-related road attack in Kulai

You may be interested

Business

ASM 2 Wawasan declares seven-year high payout of 5 sen a unit

Business

Petronas revenue jumps 15% to RM152.4b as energy investments lift first-half earnings

Business

Oil prices fall as Hormuz reopening hopes offset Iran tensions

Business

Questions over traceability of nearly 77,000 tonnes of K8 cargo at Tanjung Langsat

Business

Robo.ai Inc announces appointment of new independent director

By Alfian Z.M. Tahir

Business

K8 Cargo: Company still in limbo, claims CEO

Business

Malaysia’s international reserves stand at US$132.07b in July

Business

Robo.ai swings to positive equity after US$46.7m first-half profit

By Alfian Z.M. Tahir