Bursa Malaysia rangebound in early trade

KUALA LUMPUR: Bursa Malaysia was rangebounds in early trade today on lack of catalyst amid geopolitical risk worries.
At 9.30am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,739.22, down 0.3 of-a-point from yesterday's close of 1,739.52.
The key index opened 0.17 of-a-point lower at 1,739.35.
A dealer said global stocks were mixed during trading on Monday, with participants adopting a defencive stance after heightened geopolitical risks weighed heavily on sentiment.
On the scoreboard, the FBM Emas Index increased 1.601 points to 12,417.87 and the FBM Emas Syariah Index added 1.2 points to 12,891.22 but the FBMT100 Index eased 1.13 points to 12,040.43.
The FBM 70 improved 2.229 points to 14,741.7 while the FBM Ace erased 1.09 points to 6,244.56.
Sector-wise, the Finance Index was 5.8 points higher at 15,723.31 and the Industrial Index gained 1.89 points to 3,262.39.
The Plantation Index declined 9.34 points to 8,097.73.
The market breadth was positive as gainers led losers 261 to 184 with 317 counters unchanged, 977 untraded while 15 others were suspended.
Turnover stood at 594.21 million shares worth RM179.70 million.
Among heavyweights, Maybank, TNB, Sime Darby and Petronas Chemicals were all flat at RM8.99, RM13.70, RM9.34 and RM7.73, respectively, while Public Bank added two sen to RM20.
Of actives, Luster Industries and Advance Synergy earned half-a-sen each to 12.5 sen and 20 sen, respectively, and Dagang Nexchange and Metronic Global gained one sen each to 47 sen and eight sen, respectively.
Key Alliance lost one sen to 8.5 sen.
The physical price of gold as at 9.30am stood at RM173.19 per gramme, up 18 sen from RM173.01 at 5pm yesterday. — Bernama