KUALA LUMPUR: The FBM KLCI finished lower on Thursday as sentiment was weighed down by the negative cues from global markets.
The benchmark FBM KLCI closed down 0.52 points at 1,434.22 after moving between 1,435.01 and 1,430.89 throughout the day.
There were 429 gainers, 443 losers and 428 counters traded unchanged on the Bursa Malaysia. Turnover stood at 3.07 billion shares valued at RM2.03bil.
Dealers said investor sentiment to remain soft in the short term amid the lack of fresh new leads or positive catalysts.
In today’s session, 13 of the KLCI-component stocks closed lower while 14 counters chalked up gains.
Among the losers on Bursa Malaysia, Kuala Lumpur Kepong eased 24 nsen to RM21.66, Amtel Holdings
fell 24 sen to 70 sen, F&N declined 20 sen to RM27 and Shangri-La Hotels slid 12 sen to RM2.98.
BLD Plantation jumped 98 sen to RM11, Nestle rose 50 sen to RM136.90, Malaysian Pacific Industries added 42 sen to RM29.30 and Chin Hin gained 36 sen to RM4.79.
MyEG, the most active counter on Bursa Malaysia, rose 10.5 sen to 87.5 sen with 324.19 million shares traded.
Meanwhile, regional markets closed broadly higher. The Hong Kong Hang Seng delivered a 0.17% gain to settle at 20,344.48, while the Shanghai Composite was down 0.27% to 3,318.36.
Japan’s Nikkei 225 rose 0.26% to 28,156.97 and South Korea’s Kospi index gained 0.43% to 2,561.66.
