KUALA LUMPUR – Bursa Malaysia remained in the red at mid-afternoon, affected by continued selling in selected consumer products and financial services counters, as concerns over the Covid-19 pandemic re-emerged, dealers said.
At 3pm, the benchmark FTSE Bursa Malaysia KLCI fell 12.33 points to 1,597.82, after opening 0.93 of a point higher at 1,611.08.
On the broader market, losers outpaced gainers 749 to 391, while 421 counters were unchanged, 603 untraded and 18 others suspended.
Total volume stood at 10.80 billion shares worth RM3.21 billion.
Among the heavyweights, Maybank slipped 15 sen to RM8.15, Public Bank declined 12 sen to RM18.78, and TNB and Top Glove erased 10 sen each to RM11.32 and RM6.90, respectively, while Petronas Chemicals added 10 sen to RM6.75.
Of the actives, AT Systematization shed 4.5 sen to 20 sen, NETX went down 2.5 sen to 15 sen, Metronic Global reduced 4.0 sen to 12 sen but Pegasus earned half a sen to 3.5 sen.
On the index board, FBM ACE dropped 201.63 points to 11,117.62, FBM Emas Index lost 87.20 points to 11,469.14, the FBMT 100 Index decreased 88.86 points to 11,257.96 and the FBM 70 slid 123.52 points to 14,680.29.
Meanwhile, the FBM Emas Shariah Index dipped 60.13 points to 13,153.83.
The Industrial Products and Services Index inched up 0.82 of-a-point to 158.56, the Plantation Index advanced 30.03 points to 7,349.63, and the Financial Services Index fell 194.49 points to 14,261.20. – Bernama, November 18, 2020
