KUALA LUMPUR – Bursa Malaysia remained in negative territory mid-morning due to continuously selling energy, property and utilities counters.
At 11 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 2.42 points to 1,421.75 from last Friday’s closing of 1,424.17. The index opened 0.10 of-a-point easier at 1,424.07.
The market breadth was negative, with decliners leading gainers from 425 to 256, while 370 counters were unchanged, 1,244 untraded and eight suspended.
Turnover stood at 1.17 billion units worth RM565.34 million.
Among the heavyweights, Tenaga Nasional fell 12 sen to RM9.87, Petronas Gas lost 20 sen to RM16.64, IHH Healthcare shed nine sen to RM5.76, Maxis slid six sen to RM3.98 and Petronas Chemicals fell five sen to RM7.14.
Of the actives, Evergreen Max Cash eased half-a-sen to 42 sen, UCRest unchanged at 17.5 sen, while KNM and Netx Holdings gained half-a-sen to 13 sen and 15 sen, respectively, and Mercury Securities added one sen to 31 sen.
On the index board, the FBMT 100 increased by 0.06 of-a-point to 10,244.56, the FBM Emas Index eased by 0.07 of-a-point to 10,582.19, the FBM Emas Shariah shed 2.40 points to 10,872.11, the FBM ACE was 13.60 points lower to 5,161.64 and the FBM 70 fell by 5.21 points to 14,188.06.
Sector-wise, the Industrial Products and Services Index contracted 0.51 of-a-point to 170.98, the Plantation Index weakened 28.93 points to 6,851.42, the Financial Services Index went down 18.18 points to 15,899.98 and the Energy Index erased 7.30 points to 886.44. – Bernama, October 2, 2023
