KUALA LUMPUR: Share prices on Bursa Malaysia ended the morning session lower in line with its regional peers and tracking the weak cue from Wall Street last week, dealers said.
At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,795.28, down 7.8 points, after opening 2.59 points lower at 1,800.49.
Market breadth was negative with decliners outpacing gainers 442 to 268, while 267 counters were unchanged, 757 untraded and 23 others suspended.
Turnover stood at 1.03 billion shares worth RM842.11 million.
Dealers said the mixed corporate earnings report in the US last Friday dragged down the Standard & Poor’s 500 index 11.33 points to 2,051.82, while the Dow Jones industrial average slipped 141.38 points to 17,672.60.
Local sentiment was also dampened by reports that the anti-austerity Syriza party’s victory in the recent Greek elections, had raised concerns that the country could abandon budget constraints and cause instability in Europe, a dealer said.
Back home, the FBM Emas Index fell 43.649 points to 12,368.45, the FBMT100 Index slipped 41.171 points to 12,069.06 and the FBM Emas Shariah Index lost 29.53 points to 12,972.52.
The FBM 70 declined 2.42 points to 13,458.73, but the FBM Ace fell 13.29 points to 6,347.31.
On a sectoral basis, the Industrial Index slipped 5.27 points to 3,284.57, the Plantation Index trimmed 11.24 points to 7,920.85 and the Finance Index contracted 88.75 points to 15,587.54.
Among actives, Daya Materials fell half a sen to 16 sen, KNM declined five sen to 57.5 sen and Dayang Nexchange was flat at 33 sen.
Of the heavyweights, Tenaga Nasional was flat at RM15.10, Maybank slipped eight sen to RM8.92 and Public Bank fell six sen to RM18.08.
Earlier, hare prices on Bursa Malaysia fell further in the mid-morning session today led by Genting which went down 17 sen to RM8.68, dealers said.
At 11.05 am, the key index stood at 1,797.77, down 5.31 points, after opening 2.59 points lower at 1,800.49.
Market breadth was negative with decliners outpacing gainers 362 to 246, while 268 counters were unchanged, 858 untraded and 23 others suspended.
Turnover stood at 746 million shares worth RM501.64 million.
On other scoreboards, the FBM Emas Index fell 29.979 points to 12,382.12, the FBMT100 Index slipped 28.601 points to 12,081.63 and the FBM Emas Shariah Index lost 12 points to 12,990.05.
The FBM 70 declined 4.53 points to 13,456.62, but the FBM Ace gained 8.71 points to 6,369.31.
On a sectorial basis, the Industrial Index added 1.12 points to 3,290.96.But the Plantation Index trimmed 3.15 points to 7,928.94 and the Finance Index contracted 71.79 points to 15,604.5.
Among actives, Dayang Nexchange and Systech were flat at 33 sen and 36.5 sen respectively, while Daya Materials slipped 1.5 sen to 15 sen.
Of the heavyweights, Tenaga Nasional gained four sen to RM15.14, Maybank slipped eight sen to RM8.92 and Public Bank fell four sen to RM18.10. -- Bernama