KUALA LUMPUR, May 31 ― Bursa Malaysia continued to be weighed down by selling activities as investors focused on the United States (US) debt ceiling vote later today.
At 11am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 4.11 points to 1,392.80 from 1,396.91 at yesterday’s close.
The barometer index opened 1.79 points higher at 1,395.12.
The broader market was negative with decliners beating advancers 406 to 244, while 339 counters were unchanged, 1,259 untraded and 33 others suspended.
Turnover stood at RM1.19 billion worth RM654.05 million.
Heavyweights Maybank and IHH Healthcare gained two sen to RM8.61 and RM5.80, respectively, Public Bank increased one sen to RM3.85 and Petronas Chemicals gained five sen to RM6.80, while Tenaga Nasional went down four sen to RM9.58.
Among the actives, Main Market debutant, Radium Development slipped 11.5 sen to 38.5 sen and MyEG was five sen better at 84 sen, while Revenue Group, Pesona Metro and Tanco were flat at 26.5 sen, 18 sen and 50 sen, respectively.
On the index board, the FBM Emas Index went down 23.52 points to 10,255.59, the FBMT 100 Index was 21.45 points weaker at 9,961.45, the FBM Emas Shariah Index declined 40.57 points to 10,613.84 and the FBM ACE Index was 61.14 points lower at 4,905.95, while FBM 70 Index recovered 3.83 points to 13,554.72.
Sector-wise, the Financial Services Index grew 4.5 points to 15,273.80, while the Industrial Products and Services Index eased 0.48 of-a-point to 162.04, the Plantation Index slid 82.49 points to 6,665.01, and the Energy Index went down 13.15 points to 813.54. ― Bernama
