LOWER ON POOR JAPAN DATA

BURSA Malaysia was lower yesterday, in sync with most regional peers on poor Japan data, as well as mounting worries over the USChina trade war, said dealers.

The benchmark FTSE Bursa Malaysia KLCI eased 1.85 points to close at 1,796.30 versus Tuesday’s close of 1,798.15.

Market breadth was negative with losers outpacing gainers 471 to 336 while 429 counters unchanged, 625 untraded and 17 others suspended.

Volume decreased to 2.34 billion valued at RM2 billion from 3.00 billion worth RM2.15 billion.

Among heavyweights, Maybank fell three sen to RM9.71, Public Bank down two sen to RM25 while Tenaga rose four sen to RM15.58.