KUALA LUMPUR, Nov 16 ― Bursa Malaysia remained lower at mid-morning, dragged down by financial services counters led by Public Bank and CIMB, a dealer said.
Public Bank and CIMB lost seven sen each to RM4.30 and RM5.34, respectively, and erased a combined 3.58 points in the fall in the FTSE Bursa Malaysia KLCI (FBM KLCI).
At 11am, the benchmark index dropped 6.74 points to 1,443.80 from yesterday's close of 1,450.54.
The market bellwether opened 3.04 points easier at 1,447.50.
On the broader market, decliners outpaced advancers 389 to 255, while 344 counters were unchanged, 1,337 untraded, and 13 others suspended.
Turnover stood at 975.46 million units valued at RM509.33 million.
Meanwhile, Bursa Malaysia heavyweights Petronas Chemicals, IHH Healthcare and Tenaga Nasional Bhd eased one sen each to RM8.61, RM5.95 and RM8.29, respectively, while Hong Leong Bank shed two sen to RM20.58 and Maybank was flat at RM8.50.
Among the actives, Advance Synergy and Top Glove slipped one sen each to 11.5 sen and 96 sen, respectively, XOX inched down half-a-sen to two sen, while Malaysia Steel Works gained eight sen to 34.5 sen and Hiap Teck Venture added 1.5 sen to 26 sen.
On the index board, the FBM Emas Shariah Index trimmed 22.46 points to 10,421.51, the FBM Emas Index declined 40.91 points to 10,274.76, the FBM ACE slid 31.60 points to 4,981.52, the FBMT 100 Index gave up 44.49 points to 10,000.48, and the FBM 70 sank 45.59 points to 12,258.98.
Sector-wise, the Financial Services Index dipped 87.14 points to 16,084.59, the Plantation Index decreased 27.74 points to 6,903.72, while the Energy Index perked up 1.02 points to 726.45, and the Industrial Products and Services Index edged up 0.38 of-a-point to 179.04. ― Bernama
