Bursa ends lower amid cautious market tone
SHARES on Bursa Malaysia ended lower yesterday in a range bound trading amid cautious market tone and lack of buying momentum.
The benchmark FBM KLCI ended at 1,626.93 points. The index opened 1.31 points higher at 1,629.97.
The market breadth was negative as losers outweighed gainers 543 to 213 with 342 counters unchanged, 620 untraded and 58 suspended.
Among Asian stock markets, Japan’s Nikkei 225 fell 0.27%% to 18,307.04, Hong Kong’s Hang Seng slipped 0.41% to 22,737.07, Korea’s Kospi improved 0.01% to 1,978.39 and Singapore’s Straits Times went up 0.08% to 2,876.30.
Of heavyweights, Maybank bagged 14 sen to RM7.89, Public Bank gained four sen to RM19.58, Petronas Chemicals added one sen to RM6.80, TNB shed two sen to RM14.12 and Sime Darby eased one sen to RM8.15. – Bernama