Bursa Malaysia ends mixed
KUALA LUMPUR: Bursa Malaysia finished mixed on the last day of a short trading week, as negative sentiments in global equities have spilled over to the local stock market, however, the stronger ringgit and crude oil prices provided some support for oil and gas counters.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) closed 1.90 points better to settle at 1,870.48 from Tuesday's close of 1,868.58 after opening 6.76 points higher at 1,875.34.
The market barometer moved between 1,863.43 and 1,880.56 throughout the day.
Market breadth was negative with losers thumping gainers 610 to 404, while 404 counters were unchanged, 441 untraded and 45 others suspended.
Turnover was lower at 2.61 billion units worth RM3.25 billion, from Tuesday's 3.25 billion units valued at RM2.89 billion.
Malaysian shares resumed trading today after markets were closed on Wednesday and Thursday due to the Thaipusam and Federal Territory Day public holidays, respectively.
Hong Leong Investment Bank Bhd said the resumption of foreign buying and local positive sentiment could lend support to the local bourse.
Among index-linked counters, PetDag gained 86 sen to RM25.48, PetGas added 38 sen to RM18.28, Nestle gained RM2.60 to RM115.90, HLFG rose 44 sen to RM19 and HLBank advanced 20 sen RM18.80.
Top losers, MPI was down RM1.10 to RM9.40, Tasek fell 82 sen to RM9.88, BAT declined 58 sen to RM33.60, KESM was 56 sen lower to RM19.40.
Among actives, PUC added three sen to 24.5 sen, UMWOG perked one sen to 33.5 sen, Sumatec gained half-a-sen to 8.5 sen, SapNRG eased two sen to 73.5 sen and PA Resources shed half-a-sen to 9.5 sen.
The FBM Emas Index added 4.72 points to 13,376.58, the FBMT 100 Index went up 8.55 points to 13,071.72 and the FBM Emas Shariah Index declined 6.22 points to 13,651.82.
The FBM 70 dipped 5.37 points to 16,468.18 and the FBM Ace rose 5.22 points to 6,496.13.
Sector-wise, the Finance Index was 82.43 points better at 17,979.58, the Plantation Index rose 7.27 points to 8,056.40, and the Industrial Index slipped 0.01 of-a-point to 3,387.41.
The Main Market volume declined to 1.70 billion units valued at RM3.09 billion from Tuesday's 1.97 billion units valued at RM2.70 billion.
Volume on the ACE Market slipped to 431.95 million shares worth RM80.8 million from Tuesday's 584.88 million shares worth RM93.53 million.
Warrants volume shrank to 469.87 million units worth RM75.5 million from 687.45 million units worth RM97.15 million recorded previously.
Consumer products accounted for 84.91 million shares traded on the Main Market, industrial products (424.17 million), construction (82.65 million), trade and services (719.63 million), technology (115.33 million), infrastructure (10.1 million), SPAC (19.5 million), finance (98.93 million), hotels (1.68 million), properties, (96.77 million), plantations (36.37 million), mining (184,300), REITs (10.9 million), and closed/fund (12,100). — Bernama