INDEX SLIPS ON PROFIT-TAKING
BURSA Malaysia closed lower yesterday on persistent profit-taking led by Maybank, bucking the trend of its regional peers.
The FTSE Bursa Malaysia KLCI (FBM KLCI) fell 4.01 points to close at 1,750.41 from 1,754.42, registered on Tuesday.
The index opened 3.04 points higher at 1,757.46 and moved between 1,747.16 and 1,759.76 throughout the day.
Volume expanded to 3.39 billion units, worth RM2.63 billion, from 3.06 billion units, worth RM2.41 billion, registered on Tuesday.
Meanwhile, Sapurakencana Petroleum, which gained one sen to RM1.88 sen, will have its name changed to Sapura Energy with effect from March 30.
Of the heavyweights, Maybank lost three sen to RM8.97, TNB was flat at RM13.74, Public Bank added two sen to RM19.94, while Sime Darby recovered one sen to RM9.40.
As for actives, Konsortium Transnasional rose 3.5 sen to 19.5 sen and Permaju Industries gained seven sen to 26 sen. Bernama