KUALA LUMPUR: Share prices on Bursa Malaysia were mixed at midday on Thursday, May 5 as sentiment remained cautious with investors tracking weaknesses in external markets, dealers said.
The FTSE Bursa Malaysia KLCI (FBM KLCI) lost 3.07 points to 1,525.36 after opening 2.80 points lower at 1,525.63.
Dealers said sentiment stayed bearish in view of overnight losses on Wall Street, weak US economic data and concerns over the slow, global economic growth.
Expectations of further monetary tightening in China to cool inflation has also kept investors sidelined.
However, some bargain hunting, especially among lower liners limited overall losses.
The PLANTATION [] Index lost 16.25 points to 7,575.90, the Finance Index added 6.979 points to 13,983.89 and the INDUSTRIAL INDEX [] slipped 7.44 points to 2,760.57.
The FTSE Bursa Malaysia Emas Index slipped 17.19 points to 10,502.39 and the
FTSE Bursa Malaysia Mid 70 Index gave up 14.779 points to 11,321.74 but the
FTSE Bursa Malaysia Ace Index gained 28.83 points to 4,255.42.
Gainers led losers 306 to 265 while 282 counters were unchanged, 585 untraded and 28 others suspended.
Turnover stood at 447.876 million shares worth RM545.993 million.
Boilermech made an impressive debut on the ACE Market with a 49.5 sen premium over its issue price of 33 sen with 8.087 million shares transacted. As at midday, the counter gained 53 sen to 86 sen.
For active stocks, MAA Holdings rose one sen to RM1.33, Focus Dynamics declined half a sen to 10.5 sen and Hubline eased half a sen to 12 sen.
Among heavyweights, Maybank and EON Capital were unchanged at RM8.66 and RM7.35 respectively, Genting lost four sen to RM11.26, Hong Leong Bank gained eight sen to RM10.38 and Public Bank improved two sen to RM13.08. - Bernama
The FTSE Bursa Malaysia KLCI (FBM KLCI) lost 3.07 points to 1,525.36 after opening 2.80 points lower at 1,525.63.
Dealers said sentiment stayed bearish in view of overnight losses on Wall Street, weak US economic data and concerns over the slow, global economic growth.
Expectations of further monetary tightening in China to cool inflation has also kept investors sidelined.
However, some bargain hunting, especially among lower liners limited overall losses.
The PLANTATION [] Index lost 16.25 points to 7,575.90, the Finance Index added 6.979 points to 13,983.89 and the INDUSTRIAL INDEX [] slipped 7.44 points to 2,760.57.
The FTSE Bursa Malaysia Emas Index slipped 17.19 points to 10,502.39 and the
FTSE Bursa Malaysia Mid 70 Index gave up 14.779 points to 11,321.74 but the
FTSE Bursa Malaysia Ace Index gained 28.83 points to 4,255.42.
Gainers led losers 306 to 265 while 282 counters were unchanged, 585 untraded and 28 others suspended.
Turnover stood at 447.876 million shares worth RM545.993 million.
Boilermech made an impressive debut on the ACE Market with a 49.5 sen premium over its issue price of 33 sen with 8.087 million shares transacted. As at midday, the counter gained 53 sen to 86 sen.
For active stocks, MAA Holdings rose one sen to RM1.33, Focus Dynamics declined half a sen to 10.5 sen and Hubline eased half a sen to 12 sen.
Among heavyweights, Maybank and EON Capital were unchanged at RM8.66 and RM7.35 respectively, Genting lost four sen to RM11.26, Hong Leong Bank gained eight sen to RM10.38 and Public Bank improved two sen to RM13.08. - Bernama
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