MALAYSIAN shares closed 0.3 per cent lower today amid lacklustre trade, dealers said.
The Kuala Lumpur Composite Index lost 2.27 points to close at 871.16 with a volume of volume of 309.8 million shares worth RM327.22 million (US93.9 million).
Decliners outpaced gainers 308 to 172 with 187 unchanged.
The Industrial Index declined 7.74 points to 2,074.44, the Finance Index lost 33.06 points to 6,720.69 and the Plantation Index increased 88.87 points to 4,101.73.
The FBMEmas was 29.62 points lower at 5,688.95, the FBM30 slipped 20.97 points to 5,598.72, the FBMMesdaq rose 82.54 points to 3,327.79 and the FBM2BRD shed 25.97 points to 3,928.04.
“Liquidity is becoming an issue as volume continues to shrink ahead of the year-end holidays,” a dealer told Dow Jones Newswires.
“Selling pressure from retail players and foreign funds is likely to cap gains in the near term,” he added.
Dialog Group Bhd slipped 2.5 sen, or 3.2 per cent, to 76 sen, the lowest since October 31, on speculation lower crude oil prices will erode demand for exploration-related contracts.
Petra Perdana Bhd dropped 3 sen, or 2.3 per cent, to RM1.27.
Crude oil for February delivery fell as much as 2.2 per cent to US$39.05 a barrel in after-hours trading in New York. Prices have dropped 73 per cent from a record US$147.27 on July 11.
Sime Darby Bhd, Malaysia’s largest palm-oil producer, lost 10 sen, or 1.8 per cent, to RM5.40.
IOI Corp fell 10 sen, or 2.8 per cent, to RM3.54, the steepest decline since November 24 and the second-biggest drag on the Kuala Lumpur Composite.
Proton Holdings Bhd, the state-owned carmaker, dropped 2 sen, or 1.1 per cent, to RM1.82.
Malaysia’s vehicle sales fell 6.7 per cent in November from a year earlier, a second monthly decline, to 40,865 units, Malaysian Automotive Association, said in a statement today. - Agencies
The Kuala Lumpur Composite Index lost 2.27 points to close at 871.16 with a volume of volume of 309.8 million shares worth RM327.22 million (US93.9 million).
Decliners outpaced gainers 308 to 172 with 187 unchanged.
The Industrial Index declined 7.74 points to 2,074.44, the Finance Index lost 33.06 points to 6,720.69 and the Plantation Index increased 88.87 points to 4,101.73.
The FBMEmas was 29.62 points lower at 5,688.95, the FBM30 slipped 20.97 points to 5,598.72, the FBMMesdaq rose 82.54 points to 3,327.79 and the FBM2BRD shed 25.97 points to 3,928.04.
“Liquidity is becoming an issue as volume continues to shrink ahead of the year-end holidays,” a dealer told Dow Jones Newswires.
“Selling pressure from retail players and foreign funds is likely to cap gains in the near term,” he added.
Dialog Group Bhd slipped 2.5 sen, or 3.2 per cent, to 76 sen, the lowest since October 31, on speculation lower crude oil prices will erode demand for exploration-related contracts.
Petra Perdana Bhd dropped 3 sen, or 2.3 per cent, to RM1.27.
Crude oil for February delivery fell as much as 2.2 per cent to US$39.05 a barrel in after-hours trading in New York. Prices have dropped 73 per cent from a record US$147.27 on July 11.
Sime Darby Bhd, Malaysia’s largest palm-oil producer, lost 10 sen, or 1.8 per cent, to RM5.40.
IOI Corp fell 10 sen, or 2.8 per cent, to RM3.54, the steepest decline since November 24 and the second-biggest drag on the Kuala Lumpur Composite.
Proton Holdings Bhd, the state-owned carmaker, dropped 2 sen, or 1.1 per cent, to RM1.82.
Malaysia’s vehicle sales fell 6.7 per cent in November from a year earlier, a second monthly decline, to 40,865 units, Malaysian Automotive Association, said in a statement today. - Agencies
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