money

KL shares turn negative at mid-morning

At 11.12am, the FBM KLCI was 2.89 points easier at 1,746.10, after opening 0.86 points better at 1,749.85 from Tuesday's close of 1,748.99. — Bernama picAt 11.12am, the FBM KLCI was 2.89 points easier at 1,746.10, after opening 0.86 points better at 1,749.85 from Tuesday's close of 1,748.99. — Bernama picKUALA LUMPUR, Oct 19 ― Share prices on Bursa Malaysia turns negative at mid-morning, with the barometer FTSE Bursa Malaysia KLCI (FBM KLCI) weighed down by selling in selected heavyweights, dealers said.

At 11.12am, the FBM KLCI was 2.89 points easier at 1,746.10, after opening 0.86 points better at 1,749.85 from Tuesday's close of 1,748.99.

The market was closed yesterday for the Deepavali public holiday.

On the broader market, losers led gainers 356 to 276 with 387 counters unchanged, 833 untraded and 19 others suspended.

Turnover stood at 1.26 billion shares worth RM694.26 million.

Of the heavyweights, Maybank and Sime Darby fell one sen to RM9.41 and RM9.06 respectively, Tenaga rose two sen to RM14.30 and Public Bank was flat at RM20.46.

Among active counters, Hubline bagged half-a-sen to 17.5 sen, Sino Hua-An and Vsolar gained one sen each to 23 sen and 14.5 sen respectively, while Key Asic was 1.5 sen lower at 31 sen.

The FBM Emas Index fell 15.12 points to 12,539.21, the FBM Emas Shariah Index was down 17.56 points to 12,849.25, and the FBMT 100 Index inched down 14.93 points to 12,184.98.

The FBM 70 inched up 0.87 points to 15,281.93 and the FBM Ace increased 9.88 points to 6,995.82.

Sector-wise, the Plantation Index eased 12.62 points to 7,912.30, the Industrial Index shed 11.53 points to 3,206.06 and the Finance Index was 15.35 points lower at 16,380.49. ― Bernama

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