Bursa Malaysia Stays Lower At Mid-Morning On Mild Profit Taking
KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia stayed lower at mid-morning on Tuesday amid mild profit-taking in selected heavyweight counters, as geopolitical tensions rose after attacks on Saudi Arabia.
At 11 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.96 points to 1,617.05 versus Monday’s close of 1,618.01, after opening 1.39 points weaker at 1,616.62.
Market breadth was negative, with 752 decliners outnumbering 246 gainers. Another 354 counters were unchanged, 1,474 remained untraded, and 21 were suspended.
Turnover stood at 1.52 billion shares worth RM998.32 million.
Among heavyweights, Maybank added five sen to RM10, Public Bank rose three sen to RM4.69, and CIMB gained 11 sen to RM7.41. Tenaga Nasional dropped 10 sen to RM12.94, and IHH Healthcare rose five sen to RM7.95.
In active trade, Hartalega was flat at RM 1.03, Genetec dipped one sen to 30.5 sen, Genting rose five sen to RM1.28, and SMRT dropped two sen to 15.5 sen. Jati Tinggi slipped 10 sen to RM1.30.
Hong Leong Industries led the gainers, with a 36 sen jump to RM16.44. United Plantations gained 20 sen to RM30.42, while CIMB Group Holdings increased 11 sen to RM 7.41. Hengyuan Refining Company added 10 sen to RM3.65, while Petron Malaysia climbed eight sen to RM3.42.
Malaysian Pacific led the decliners, shedding RM1.90 to RM41.12, followed by Nestle, which fell 88 sen to RM90.22. UMS Integration tumbled 58 sen to RM8.32, while Vitrox slumped 54 sen to RM10.70. MI Technovation dived 52 sen to RM 6.50.
On the broader market, the FBM Mid 70 Index declined 206.68 points to 17,275.48, the FBM Emas Shariah Index lost 119.75 points to 12,011.32, and the FBM Emas Index gave up 48.39 points to 12,056.31.
The FBM Top 100 Index declined 43.36 points to 11,844.48, and the FBM ACE Index shed 105.47 points to 5,455.23.
Sector-wise, the Energy Index went down 2.44 points to 831.72, the Plantation Index slid 24.59 points to 8,787.31, and the Industrial Products and Services Index edged down 2.07 points to 178.70. In contrast, the Financial Services Index jumped 132.72 points to 18,726.86.
-- BERNAMA