KEY INDEX ENDS WEAKER

Malaysia finished lower yesterday, driven by persistent selling in heavyweights amid cautious market sentiment.

The FTSE Bursa Malaysia KLCI closed 13.45 points weaker to 1,842.62 from last Friday’s close of 1,856.07.

Market breadth was negative as losers led gainers 963 to 172 with 266 counters unchanged, 458 untraded and 27 others suspended. Among heavyweights, Maybank and Tenaga lost four sen each to RM10.42 and RM15.66, respectively, Public Bank declined eight sen to RM22.90 and CIMB was seven sen lower at RM7.20.

Among the active counters, Sino Hua-An eased 4.5 sen to 47.5 sen while EA Holdings and PUC were unchanged at four sen and 24 sen, respectively.