BURSA Malaysia ended in the red yesterday, weighed down by selling pressure in small-capital counters and losses in finance index-related counters. The FBM KLCI closed at 1,677.18, down 9.26 points. Overall, decliners led gainers by 636 to 206, while 317 counters were unchanged, 511untraded and 20 suspended.
The market reacted to regional markets’ weaker performance. Adding to the pressure in the local market, Brent crude fell 1.4% to due to an oversupply crisis which is expected to prolong until next year.
Of the finance counters, CIMB fell 16 sen to RM4.74, RHB Bank and AMMB gave up 8 sen to RM4.85 and RM4.26 respectively, Maybank eased 1 sen to RM7.94 and Hong Leong gained 22 sen to RM15.92.
Of the heavyweights, Axiata slipped 16 sen to RM5.49, Sime Darby lost 7 sen to RM7.79, SapuraKencana and MISC fell 5 sen each to RM1.57 and RM7.61 respectively and Petronas Chemicals eased 3 sen to RM6.65. – Bernama