KUALA LUMPUR, August 5 -- Share prices on Bursa Malaysia opened lower in early trading today as investors remained on the sidelines amid concerns over the global economy, dealers said.
At 9.15 am, the benchmark Kuala Lumpur Composite Index (KLCI) fall 4.30 points to 1,144.38 led by profit-taking on selected heavyweights especially plantation related counters.
The KLCI opened 0.57 of a point lower at 1,148.11.
A dealer said the fall on Wall Street overnight and regional bourse movements also weighed on market sentiment.
The Finance Index declined 10.57 points to 8,928.81, the Industrial Index decreased 2.67 points to 2,408.86 and the Plantation Index depreciated 129.20 points to 6,134.29.
Of the FTSE-BM Index series, the FBMEmas lost 16.78 points to 7,622.93 and the FBM30 slipped 28.54 points to 7,367.86 while the FBM2BRD rose 6.36 points to 5,331.80 and the FBM-MDQ gained 27.58 points to 4,410.24.
Decliners led advancers by 66 to 64, 93 counters were unchanged, 1,129 untraded while 27 other counters were suspended.
Volume amounted to 44.174 million shares valued at RM165.069 million.
Actives, IOI Corp shed 20 sen to RM5.30, KNM declined five sen to RM1.78,
AirAsia rose two sen to RM1.12 and TMI was unchanged at RM6.30. Of the heavyweights, Sime Darby fell 15 sen to RM7.65, Maybank declined five sen to RM7.80, Tenaga was flat at RM8.30 and Genting lost 10 sen to RM5.70.
At 9.15 am, the benchmark Kuala Lumpur Composite Index (KLCI) fall 4.30 points to 1,144.38 led by profit-taking on selected heavyweights especially plantation related counters.
The KLCI opened 0.57 of a point lower at 1,148.11.
A dealer said the fall on Wall Street overnight and regional bourse movements also weighed on market sentiment.
The Finance Index declined 10.57 points to 8,928.81, the Industrial Index decreased 2.67 points to 2,408.86 and the Plantation Index depreciated 129.20 points to 6,134.29.
Of the FTSE-BM Index series, the FBMEmas lost 16.78 points to 7,622.93 and the FBM30 slipped 28.54 points to 7,367.86 while the FBM2BRD rose 6.36 points to 5,331.80 and the FBM-MDQ gained 27.58 points to 4,410.24.
Decliners led advancers by 66 to 64, 93 counters were unchanged, 1,129 untraded while 27 other counters were suspended.
Volume amounted to 44.174 million shares valued at RM165.069 million.
Actives, IOI Corp shed 20 sen to RM5.30, KNM declined five sen to RM1.78,
AirAsia rose two sen to RM1.12 and TMI was unchanged at RM6.30. Of the heavyweights, Sime Darby fell 15 sen to RM7.65, Maybank declined five sen to RM7.80, Tenaga was flat at RM8.30 and Genting lost 10 sen to RM5.70.
Comments