KUALA LUMPUR (July 7): Bursa Malaysia remained on a downtrend at midday, amidst the sustained selling momentum in the broader market.
At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 6.11 points to 1,525.52 from Tuesday’s close of 1,531.63.
The market bellwether opened 0.67 of-a-point lower at 1,530.96 and moved between 1,523.42 and 1,531.03 throughout the morning trading session.
On the broader market, losers trounced gainers 584 to 256, while 406 counters were unchanged, 933 untraded and 10 others suspended.
Turnover stood at 2.62 billion units worth RM1.33 billion.
Among the heavyweights, Petronas Chemicals Group Bhd gained one sen to RM8.10, IHH Healthcare Bhd increased five sen to RM5.61 and Hong Leong Bank Bhd rose four sen to RM18.76.
Meanwhile, CIMB Group Holdings Bhd was flat at RM4.59, Malayan Banking Bhd fell three sen to RM8.07, Public Bank Bhd eased two sen to RM4.08 and Tenaga Nasional Bhd shed one sen to RM9.70.
Of the actives, Pasukhas Group Bhd added one sen to 35 sen and M3 Technologies (Asia) Bhd and Managepay Systems Bhd edged up half-a-sen each to eight sen and 25.5 sen, respectively, while Dagang NeXchange Bhd was flat at 72.5 sen, Metronic Global Bhd declined 0.5 sen to five sen and Serba Dinamik Holdings Bhd fell 1.5 sen to 49.5 sen.
On the index board, the FBM Emas Index weakened 39.34 points to 11,130.87, the FBMT 100 Index narrowed 36.28 points to 10,833.27, the FBM Emas Shariah Index decreased 42.64 points to 12,166.49, the FBM ACE reduced 18.62 points to 7,400.63, and the FBM 70 was 20.43 points weaker at 14,457.17.
Sector-wise, the Financial Services Index was down by 22.61 points to 15,043.05, the Industrial Products and Services Index declined 0.96 of-a-point to 189.35, while the Plantation Index discounted 46.24 points to 6,342.12.- BERNAMA