Bursa Malaysia ends lower

1.80 billion units, worth RM2.57 billion, from last Thursday 2.47 billion units worth RM6.03 billion.

The market was closed on Friday for the Maulidur Rasul public holiday.

“The ringgit is higher, suggesting good foreign fund inflow in the equity market but the overall market is down. I think local investors are winding down their positions ahead of the year-end,” a dealer said.

As of 5pm, the ringgit was sharply higher against the US dollar at 4.0600/0630 from 4.0875/0915 last Thursday.

Other heavyweights, TNB jumped 12 sen to RM15.58, Public Bank increased 10 sen to RM20, Petronas Chemicals added three sen to RM7.43 and Maybank was flat at RM9.25.

Of actives, Sime Darby advanced 12 sen to RM2.30, Green Packet gained 1.5 sen to 42.5 sen, DGB Asia was flat at 14 sen sen, Berjaya Corp declined two sen to 35.5 sen while both Hubline and China Stationery edged down half-a-sen each to 11 sen and one sen, respectively.

On the scoreboard, the FBM Emas Index declined 48.49 points to 12,359.82, FBMT 100 Index eased 44.72 points to 12,024.74, FBM Emas Shariah Index trimmed 80.66 points to 12,839.49 and the FBM 70 Index declined 99.82 points to 15,340.66.

The FBM Ace gave up 72.75 points to 6,238.88.

Sector-wise, the Finance Index shed 22.94 points to 15,903.39, Plantation Index slid 30.42 points to 7,863.77 and the Industrial Index eased 9.27 points to 3,163.62.

The Main Market volume fell to 1.20 billion units, worth RM2.47 billion, from last Thursday’s 1.83 billion units worth at RM5.94 billion.

Volume on the ACE Market was slightly higher at 395.17 million shares, valued at RM66.35 million, from 348.22 million shares, worth RM63.38 million, recorded previously.

Warrants volume narrowed to 200.50 million units, worth RM32.33 million, from 287.43 million units valued at RM26.37 million transacted on Thursday.

Consumer products accounted for 105.32 million shares traded on the Main Market, industrial products (240.66 million), construction (52.67 million), trade and services (470.72 million), technology (73.97 million), infrastructure (6.94 million), SPAC ( 1.17 million), finance ( 65.37 million), hotels (1.26 million), properties (133.89 million), plantations (43.65 million), mining (80,400), REITs (6.79 million), and closed/fund (95,500).

For further information on stocks and prices, please visit www.bursamalaysia.com.