BURSA TRACKS LOSSES AT PEERS

Malaysia finished lower yesterday, tracking losses in Asian markets, despite the firmer performance in the overnight United States stock market.

The benchmark FTSE Bursa Malaysia KLCI declined 6.19 points to close at 1,790.11 versus Wednesday’s close of 1,798.15.

Market breadth was negative with losers outpacing gainers 528 to 317, while 408 counters unchanged, 620 untraded and 17 others suspended.

Volume decreased to 2.06 billion units worth RM2.45 billion.

Maybank fell one sen to RM9.70, Tenaga was down by eight sen to RM15.50, Petronas Chemicals lost 10 sen to RM9.40 while Public Bank was flat at RM25.00.