Bursa Malaysia ends first trading day of the year easier
KUALA LUMPUR: Bursa Malaysia finished the first trading day of the year easier on weak buying support in heavyweights despite the gains in small-capitalised stocks.
The benchmark FTSE Burse Malaysia (FBM KLCI) ended 6.20 points lower at 1,635.53.
The index, which moved between 1,630.67 and 1,637.56 throughout the day, opened at 1,636.94 this morning.
On the broad market, gainers edged losers by 446 to 361, with 310 unchanged, 611 untraded and 21 suspended.
Volume increased to 1.67 billion shares worth RM1.07 billion from Friday's 1.45 billion shares worth RM1.761 billion.
The market was closed on Monday due to New Year celebration on Sunday.
Of the heavyweights that dragged down the barometer index were Maybank, which fell 19 sen to RM8.01, Tenaga, down 10 sen to RM13.80 and Axiata, 20 sen lower at RM4.52.
Sime Darby improved nine sen to RM8.91, Hong Leong Financial added 32 sen to RM14.54 and CIMB and IHH Healthcare both rose three sen each to RM4.54 and RM6.38, respectively.
Of the actives, Pensonic Holdings fell one sen to 61 sen and Lay Hong and YGL Convergence both was down half-a-sen each to 80.5 sen and nine sen, respectively.
OKA Corp added five sen to RM1.23. HSS Engineering was flat at 39.5 sen.
The FBM Emas Index fell 12.82 points to 11,453.72, FBMT 100 Index declined 18.17 points to 11,170.92 and the FBM Ace was 12.01 points lower at 4,768.7.
The FBM Emas Syariah Index added 7.19 points to 12,021.61 and the FBM 70 was up 70.92 points to 13,106.03.
Sector-wise, the Industrial Index rose seven points to 3,129.49 and the Plantation Index advanced 41.87 points to 7,790.58.
The Finance Index decreased 76.63 points to 14,306.02.
Main Market turnover rose to 1.29 billion units worth RM1.02 billion against Friday's 1.12 billion units worth RM1.711 billion.
The ACE Market volume increased to 192.19 million shares valued at RM22.17 million from 172.556 million shares valued at RM22.464 on Friday.
Warrants were higher at 179.43 million units worth RM31.45 million from Friday's 158.218 million units worth RM27.492 million.
Consumer products accounted for 92.54 million shares traded on the Main Market, industrial products (306.14 million), construction (61.79 million), trade and services (664.77 million), technology (56.82 million), infrastructure (9.49 million), SPAC (2.48 million), finance (28.73 million), hotels (27,000), properties (34.63 million), plantations (24.78 million), mining (nil), REITs (11.85 million), and closed/fund (5,000).
The physical price of gold as at 5pm stood at RM161.12 per gramme, down 49 sen from RM161.61 at 5pm last Friday. — Bernama