KUALA LUMPUR: Bursa Malaysia ended broadly lower in thin trade on Tuesday, June 22 as investors took profit after 10 days of winning streak, with sharp losses recorded by DiGi and British American Tobacco, dealers said.
The FBM KLCI fell by 11.85 points, or 0.9%, to close at 1,323.44, off its intra-day high of 1,334.20. The key index opened 1.09 points lower at 1,334.20.
A dealer said the bearish regional bourses had also weighed down local investor sentiment. He said the relatively weaker market had erased optimism over China's move to allow the yuan more flexibility.
"Overall, the market is weak. It is undergoing a correction after the FBM KLCI posted the longest winning streak since April 7 this year," he said.
The FBM Emas Index erased 72.29 points to close at 8,934.73, FBM70 [] declined 43.82 points to 8,889.71 and the FBM Ace Index fell 28.91 points to 3,886.28.
The Finance Index lost 81.99 points to 11,961.03, INDUSTRIAL INDEX [] decreased 23.42 points to 2,645.09 and the PLANTATION [] Index slipped 39.06 points to 6,289.07.
Losers outnumbered gainers by 434 to 226 while 255 counters were unchanged, 446 untraded and 26 others suspended.
Turnover fell to 672.603 million shares worth RM1.099 billion from 921.006 million shares worth RM1.515 billion on Monday.
Among the active stocks, Kenmark Industrial rose one sen to 11 sen and Green Packet-Warrants added 2.5 sen to 47 sen.
Gamuda-Warrants lost five sen to RM1.04 and KNM Group fell 1.5 sen to 51 sen. Talam was unchanged at 13 sen.
DiGi lost 68 sen to RM22.76, BAT 50 sen lower at RM43.82, Tenaga declined 15 sen to RM8.44 and Hong Leong Bank eased 13 sen to RM8.59.
The FBM KLCI fell by 11.85 points, or 0.9%, to close at 1,323.44, off its intra-day high of 1,334.20. The key index opened 1.09 points lower at 1,334.20.
A dealer said the bearish regional bourses had also weighed down local investor sentiment. He said the relatively weaker market had erased optimism over China's move to allow the yuan more flexibility.
"Overall, the market is weak. It is undergoing a correction after the FBM KLCI posted the longest winning streak since April 7 this year," he said.
The FBM Emas Index erased 72.29 points to close at 8,934.73, FBM70 [] declined 43.82 points to 8,889.71 and the FBM Ace Index fell 28.91 points to 3,886.28.
The Finance Index lost 81.99 points to 11,961.03, INDUSTRIAL INDEX [] decreased 23.42 points to 2,645.09 and the PLANTATION [] Index slipped 39.06 points to 6,289.07.
Losers outnumbered gainers by 434 to 226 while 255 counters were unchanged, 446 untraded and 26 others suspended.
Turnover fell to 672.603 million shares worth RM1.099 billion from 921.006 million shares worth RM1.515 billion on Monday.
Among the active stocks, Kenmark Industrial rose one sen to 11 sen and Green Packet-Warrants added 2.5 sen to 47 sen.
Gamuda-Warrants lost five sen to RM1.04 and KNM Group fell 1.5 sen to 51 sen. Talam was unchanged at 13 sen.
DiGi lost 68 sen to RM22.76, BAT 50 sen lower at RM43.82, Tenaga declined 15 sen to RM8.44 and Hong Leong Bank eased 13 sen to RM8.59.
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