Share prices on Bursa Malaysia remained in negative territory at midafternoon today on continued selling pressure in heavyweights, dealers said.
The dealers also said the market lost ground after three days of advances in tandem with the overnight losses on Wall Street and regional markets, on renewed fears over unresolved debt problems in Italy, which is pressuring the country to seek a bailout.
As at 3.06 pm,, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 18.90 points to 1,470.74, after opening 20.41 points lower at 1,469.23.
The Finance Index fell 115.979 points to 13,166.19, the Plantation Index declined 100.02 points to 7,486.02 and the Industrial Index eased 31.24 points to 2,695.
The FBM Emas Index slid 117 points to 10,036.61, the FBM Mid 70 Index eased 116.45 points to 10,794.58 and the FBM ACE Index shed 14.44 points to 4,262.45.
Losers led gainers 552 to 182 with 177 counters unchanged, 564 counters untraded and 22 others suspended. Turnover stood at 1.913 billion shares worth RM888.969 million.
For the actives, Patimas Computers gained two sen to 7.5 sen while SAAG Consolidated, ES Ceramics Technology and Iris Corporation, all increased half-a-sen each to eight sen, 13 sen and 17.5 sen respectively.
Among heavyweights, Maybank fell one sen to RM8.21, CIMB decreased nine sen to RM7.27, Sime Darby slipped six sen to RM8.86 and Petronas Chemicals eased 13 sen to RM6.35. -- Bernama
The dealers also said the market lost ground after three days of advances in tandem with the overnight losses on Wall Street and regional markets, on renewed fears over unresolved debt problems in Italy, which is pressuring the country to seek a bailout.
As at 3.06 pm,, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 18.90 points to 1,470.74, after opening 20.41 points lower at 1,469.23.
The Finance Index fell 115.979 points to 13,166.19, the Plantation Index declined 100.02 points to 7,486.02 and the Industrial Index eased 31.24 points to 2,695.
The FBM Emas Index slid 117 points to 10,036.61, the FBM Mid 70 Index eased 116.45 points to 10,794.58 and the FBM ACE Index shed 14.44 points to 4,262.45.
Losers led gainers 552 to 182 with 177 counters unchanged, 564 counters untraded and 22 others suspended. Turnover stood at 1.913 billion shares worth RM888.969 million.
For the actives, Patimas Computers gained two sen to 7.5 sen while SAAG Consolidated, ES Ceramics Technology and Iris Corporation, all increased half-a-sen each to eight sen, 13 sen and 17.5 sen respectively.
Among heavyweights, Maybank fell one sen to RM8.21, CIMB decreased nine sen to RM7.27, Sime Darby slipped six sen to RM8.86 and Petronas Chemicals eased 13 sen to RM6.35. -- Bernama
