Bursa ends at intra-day low
CONTINUED selling pressure in finance and trade and service counters dragged Bursa Malaysia to close at an intra-day low yesterday, dealers said.
The FBM KLCI finished at 1,648.08, down 11.52 points.
On the broader market, losers thrashed gainers 500 to 277 with 379 counters unchanged, 516 untraded and 17 suspended.
MISC and CIMB were the top contributors to the drop in the composite index, declining 27 sen and 12 sen to RM7.23 and RM4.76, respectively, for a combined loss of 3.85 points.
Among other heavyweights, TNB slipped 4 sen to RM14.28, Maybank fell 3 sen to RM7.78, Public Bank gave up 2 sen to RM19.84 and Petronas Chemicals erased 6 sen to RM6.94.
A dealer said most Asian stock markets were weak on growing concern over the outcome of next week’s US presidential election. – Bernama