Bursa Malaysia ends lower on lack of buying interest

commodity- linked currencies and most Asian bourses.

“As one of the oil exporters, the drop in oil prices will further weaken local equities, especially those heavyweights in the oil and gas-related sector.

Petronas Gas, was flat at RM20.70.

The FBM Emas Index added 9.27 points to 11,902.78, FBMT100 Index gained 6.50 points to 11,585.27 and the FBM Emas Shariah Index rose 10.67 points to 12,445.75.

The Industrial Index increased 1.44 points to 3,216.83 and the FBM 70 expanded 41.54 points to 13,792.95.

The FBM Ace narrowed 7.66 points to 5,211.78, Plantation Index was 12.19 points lower at 8,160.04 and the Finance Index decreased 2.92 points to 14,866.76.

Main Market turnover increased to 1.60 billion units worth RM2.29 billion from Tuesday’s 1.52 billion units worth RM1.98 billion.

The ACE Market rose to 457.36 million shares valued at RM120.19 million from 420.97 million shares valued at RM89.57 million previously.

Warrants surged to 212.29 million units worth RM31.18 million from 189.92 million units worth RM25.64 million on Tuesday.

Consumer products accounted for 164.17 million shares traded on the Main Market, industrial products ( 317.81 million), construction ( 120.96 million), trade and services ( 603.01 million), technology ( 73.74 million), infrastructure (15.52 million), SPAC (9.57 million), finance (71.51 million), hotels ( 297,800), properties ( 171.91 million), plantations ( 42.25 million), mining (15,000), REITs (11.14 million), and closed/fund (5,500). — Bernama