LOWER ON WEAK SENTIMENT

BURSA Malaysia closed lower yesterday as sentiment was soured by rising geopolitical worries following United States’ missile attacks on Syria.

The FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.2 points to 1,739.52 from Friday’s close of 1,741.72.

The key index opened 1.99 points lower at 1,739.73 and hovered between 1,736.72 and 1,741.68 throughout the day.

Market breadth was negative with 469 losers and 430 gainers, while 380 counters were unchanged, 447 untraded and 19 others suspended.

Volume decreased to 3.66 billion units worth RM2.1 billion from Friday’s 5.22 billion units worth RM3.39 billion.

Of the heavyweights, Maybank decreased one sen to RM8.99, Public Bank lost two sen to RM19.98 and Petronas Chemicals eased five sen to RM7.73.

TNB and Sime Darby added two sen each to RM13.70 and RM9.34, respectively. Bernama