At 10.15am, the FBM KLCI had lost 8.66 points to 1,597.48.
Market sentiment was tepid with losers leading gainers by 512 to 357, while 439 counters traded unchanged. Trading volume was 3.49 billion shares valued at RM1.45 billion.
The losers included Heineken Malaysia Bhd, Malaysian Pacific Industries Bhd, Hong Leong Bank Bhd (HLB), Petronas Chemicals Group Bhd (PetChem), Pentamaster Corp Bhd, UWC Bhd, Telekom Malaysia Bhd (TM), Hengyuan Refining Company Bhd and Genting Bhd.
The actively traded stocks included DGB Asia Bhd, Sapura Energy Bhd, Dagang NeXchange Bhd (DNeX), AT Systematization Bhd and Dataprep Holdings Bhd.
The gainers included UPA Corp Bhd, Supermax Corp Bhd, Ralco Corp Bhd, VSTECS Bhd, Genetec Technology Bhd, Grand Hoover Bhd, ViTrox Corp Bhd and Tasco Bhd.
The FBM KLCI continued to extend its losses today, with the broader market barely in positive territory today. At market close, the local benchmark index finished 0.68% or 10.85 points lower at 1,595.29, led by selldowns in Axiata Group Bhd, Hap Seng Consolidated Bhd and Petronas Chemicals Group Bhd (PetChem).
KUALA LUMPUR (Feb 16): The main index of Bursa Malaysia held its position above the 1,600-point threshold against a backdrop of strong regional markets.
At 12.30pm, the FBM KLCI had added 3.11 points to 1,611.18. The index earlier rose to a high of 1,613.01.
Gainers led losers by 532 to 278, while 708 counters traded unchanged. Trading volume was a brisk 8.28 billion shares valued at RM3.07 billion.
The gainers included Genetec Technology Bhd, Heineken Malaysia Bhd, BLD Plantation Bhd, Widetech (Malaysia) Bhd, Petronas Chemicals Group Bhd (PetChem), Malaysia Smelting Corp Bhd, Dataprep Holdings Bhd and Ark Resources Holdings Bhd.
The actively traded stocks included DGB Asia Bhd, ARB Bhd, Dataprep, Dagang NeXchange Bhd (DNeX), Lambo Group Bhd, Key Alliance Group Bhd and Pegasus Heights Bhd.
KUALA LUMPUR (Jan 29): Bursa Malaysia opened mixed today, supported by buying interest in selected consumer products and services, as well as healthcare counters, amid weaker sentiment on Asian markets, dealers said.
At 9.15am, the benchmark FBM KLCI had risen 8.49 points to 1,589.11 from 1,580.62 at Wednesday’s close.
The index opened 16.54 points higher at 1,597.16.
On the broader market, losers led gainers 409 to 261, while 348 counters were unchanged, 1,147 untraded and 62 others suspended.
Total volume stood at 819.264 million units worth RM894.58 million.
In a note today, Malacca Securities said the rebound on Wall Street overnight, coupled with the relaxation of the movement control order (MCO) to allow all businesses to operate until 10pm, may contribute to some positive impact on the market, despite rising Covid-19 cases that may still dampen the economic recovery.
Bursa Malaysia ended today's morning session higher on continued buying in technology counters, bucking the downtrend seen in other markets in the region, a dealer said.