Bursa Malaysia remains lower at mid-morning | Malay Mail

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Bursa Malaysia remains lower at mid-morning

At 11.01am, the benchmark FTSE Bursa Malaysia KLCI stood at 1,679.73, slipping 3.14 points from 1,682.87 at yesterday's close. — Reuters pic

At 11.01am, the benchmark FTSE Bursa Malaysia KLCI stood at 1,679.73, slipping 3.14 points from 1,682.87 at yesterday's close.Market breadth turned negative, with 306 decliners to 256 advancers, while 358 counters remained unchanged, 1,848 untraded and 19 others suspended.Rakuten Trade Sdn Bhd said in a note that stocks surprised on the upside yesterday, on institutional support for the key index, which helped to nullify some technical weaknesses.

Among heavyweights, Maybank, CIMB and IHH Healthcare were flat at RM8.94, RM5.35 and RM5.80 respectively, while Public Bank lost six sen to RM23.00, Tenaga decreased two sen to RM13.82 and Petronas Chemicals eased 12 sen to RM8.48. The FBM 70 shrank 48.43 points to 14,851.65, the FBMT 100 Index gave up 25.79 points to 11,719.35 and the FBM Ace declined 37.61 points to 4,588.35.

 

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