KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained in the red at mid-morning today on selling activities in most heavyweights.
At 11.05 am, the key index eased 3.87 points to 1,817.1.
Of the heavyweights, Public Bank jumped 12 sen to RM19.48, Maybank shed two sen to RM9.19, TNB fell four sen to RM14.16 and Axiata trimmed five sen to RM6.70.
The weaker local market was also in tandem with its regional peers and following the lower overnight performance of Wall Street.
Japan’s Nikkei 225 went down 1.02 per cent to 19,331.82, Hong Kong’s Hang Seng weakened 0.49 per cent to 27,505.32 and Singapore’s Straits Times declined 0.45 per cent to 3,444.19.
On the scoreboard, the FBM Emas Index shed 25.27 points to 12,529.32, the FBMT100 Index decreased 25.27 points to 12,209.86 and the FBM Emas Shariah Index trimmed 32.59 points to 13,017.18.
The FBM 70 shed 25.5 points to 13,593.05 and the FBM Ace was 25.11 points higher at 6,956.53.
On a sectoral basis, the Plantation Index contracted 15.27 points to 7,523.85, the Industrial Index eased 17.21 points to 3,322.65, while the Finance Index added 3.93 points to 16,100.66.
Market breadth was negative with losers outpacing gainers 305 to 253, while 283 counters were unchanged, 952 untraded and 17 others suspended.
Turnover stood at 619.39 million shares worth RM427.66 million.
Among actives, Frontken gained one sen to 27.5 sen, Vsolar edged up half-a-sen to 21.5 sen, Kanger International slid 2.5 sen to 24.5 sen and Hubline inched down half-a-sen to two sen. – Bernama