Bursa Malaysia closes lower

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended lower yesterday in tandem with regional peers.

At 5pm, the index was 15.87 points or 0.87 per cent lower at 1,805.1, after hitting an intraday high of 1,818.79 earlier in the day.

Japan’s Nikkei 225 weakened 1.23 per cent to 19,291.99, Hong Kong’s Hang Seng declined 1.27 per cent to 27,289.97, Singapore’s Straits Times reduced 0.81 per cent to 3,431.73 and Taiwan’s TSEC trimmed 1.16 per cent to 9,704.11.

Selling pressure in most heavyweights weighed on the key index at closing, with Maybank depreciating six sen to RM9.15, TNB erased 22 sen to RM13.98, Public Bank was four sen lower to RM19.32 and Sime Darby contracted 18 sen to RM8.94.

The Finance Index declined 95.38 points to 16,001.35, the Plantation Index fell 10.97 points to 7,528.15 and the Industrial Index eased 36.3 points to 3,303.56.

The FBM Emas Index eased 96.13 points to 12,458.47, the FBMT100 Index slid 99.72 points to 12,135.41, and the FBM Emas Syariah Index decreased 97.39 points to 12,952.38.

The FBM Ace was 13.58 points lower at 6,917.84 and the FBM 70 slid 84.67 points to 13,533.88.

Losers led gainers 437 to 319, with 360 counters unchanged, 677 counters untraded and 17 others suspended.

Total volume fell to 1.55 billion shares worth RM1.97 billion versus Wednesday’s 1.92 billion shares worth RM1.79 billion.

Among actives, Perwaja and Kinsteel both edged up half-a-sen to 21.5 sen and 18 sen respectively, Frontken was flat at 26.5 sen, Kanger International shed 2.5 sen to 24.5 sen and Vsolar inched down half-a-sen to 20.5 sen.

Main Market volume fell to 927.22 million units worth RM1.82 billion from Wednesday’s 1.11 billion units worth RM1.64 billion.

Turnover on the ACE Market depreciated to 537.01 million shares valued at RM116.63 million from 689.76 million shares valued at RM127.61 million yesterday.

Warrants declined to 90.60 million units worth RM25.54 million from 110.02 million units worth RM21.96 million.

Consumer products accounted for 45.56 million shares traded on the Main Market, industrial products ( 221.92 million), construction ( 63.53 million), trade and services ( 407.96 million), technology ( 41.23 million), infrastructure (20.95 million), SPAC (6.33 million), finance (47.55 million), hotels (1.87 million), properties (42.65 million), plantations ( 15.71 million), mining (4,000), REITs (11.91 million) and closed/fund (6,100). — Bernama