KL shares end lower on profit taking

KUALA LUMPUR: Shares on Bursa Malaysia ended lower today as foreign investors took profits in selected bluechips, dealers said.
At 5pm today, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 7.54 points to 1,787.5, after hovering between 1,780.11 and 1,798.46 throughout the day.
A dealer said the local market bucked regional trends as most Asia Pacific bourses were in positive territory.
TNB was the top loser, falling 30 sen to RM13.70 with 14.47 million shares traded.
Losers outpaced gainers by 498 to 296, while 484 counters were unchanged, 551 untraded and 15 others suspended.
Total volume slipped to 1.59 billion units worth RM1.94 billion from 2.45 billion units worth RM2.28 billion on Thursday.
On the scoreboard, the FBM Emas Index declined 51.53 points to 12,353.41, the FBMT100 Index erased 53.12 points to 12,027.6 and the FBM Emas Syariah Index decreased 66.38 points to 12,837.93.
The FBM Ace fell 95.02 points to 6,891.47 and the FBM 70 slid 68.52 points to 13,453.84.
The Finance Index slipped 52.25 points to 15,947.77, the Industrial Index shed 12.4 points to 3,258.01 and the Plantation Index fell 19.05 points to 7,491.74.
Of the heavyweights, Maybank rose one sen to RM9.26, Maxis was up two sen to RM7.01, Public Bank was down four sen to RM19.14, Axiata eased three sen to RM6.52 and Sime Darby fell 19 sen to RM8.75.
Among actives, Frontken gained half-a-sen to 30 sen, China Automobile rose one sen to 46 sen, AirAsia X increased 1.5 sen to 27 sen, DiGi was up five sen to RM5.84 while IFCAMSC gave up five sen to RM1.62.
Main Market volume decreased to 1.03 billion shares worth RM1.75 billion from 1.75 billion shares worth RM2.09 billion on Thursday.
Turnover on the ACE Market declined to 347.28 million shares worth RM119.59 million from 565.75 million shares valued at RM170.94 million yesterday.
Warrants rose to 218.78 million shares worth RM63.04 million from 130.62 million units worth RM24.94 million previously.
Consumer products accounted for 54.97 million shares traded on the Main Market, industrial products (200.98 million), construction (51.28 million), trade and services (517.09 million), technology (47.19 million), infrastructure (29.56 million), SPAC (7.34 million), finance (37.96 million), hotels (2.95 million), properties (58.44 million), plantations (14.92 million), mining (21,000), REITs (10.15 million) and closed/fund (2,000).
The physical price of gold as at 5pm stood at RM135.12 per gramme, down 45 sen from RM135.57 at 5pm yesterday. – Bernama