Fear over ratings agency Standard & Poor's warning to downgrade euro zone ratings deflated share prices on Bursa Malaysia in early trading today, dealers said.
As at 9.25am, the FTSE Bursa Malaysia KLCI remained in the minus territory, off 10.28 points at 1,479.67, after opening 5.14 points lower at 1,484.81.
Dealers said the local bourse may come under further pressure today following the weak market sentiment across the board.
The Finance Index plunged 81.98 points to 13,196.72 and the Plantation Index declined 54.04 points to 7,823.04 and the Industrial Index slipped 24.98 points to 2,670.04.
The FBM Emas Index fell 51.78 points to 10,129.41 and the FBM70 Index eased 4.0 points to 11,046.52 but the FBM ACE Index increased 5.28 points to 4,214.2.
Decliners led advancers 151 to 112 while 175 counters were unchanged, 1,045 untraded and 23 others were suspended. Volume stood at 301.248 million shares worth RM125.908 million.
Among active counters, Sanichi Technology dropped 1.5 sen to 18.5 sen, Compugates slipped 0.5 sen to 7.5 sen but Proton-CG earned 5.5 sen 42.5 sen.
Among heavyweights, Maybank lost 7.0 sen to RM8.22, Sime Darby fell 10 sen to RM8.88, CIMB dipped 12 sen to RM7.09 but Petronas Chemicals increased 1.0 sen to RM6.18. -- Bernama
As at 9.25am, the FTSE Bursa Malaysia KLCI remained in the minus territory, off 10.28 points at 1,479.67, after opening 5.14 points lower at 1,484.81.
Dealers said the local bourse may come under further pressure today following the weak market sentiment across the board.
The Finance Index plunged 81.98 points to 13,196.72 and the Plantation Index declined 54.04 points to 7,823.04 and the Industrial Index slipped 24.98 points to 2,670.04.
The FBM Emas Index fell 51.78 points to 10,129.41 and the FBM70 Index eased 4.0 points to 11,046.52 but the FBM ACE Index increased 5.28 points to 4,214.2.
Decliners led advancers 151 to 112 while 175 counters were unchanged, 1,045 untraded and 23 others were suspended. Volume stood at 301.248 million shares worth RM125.908 million.
Among active counters, Sanichi Technology dropped 1.5 sen to 18.5 sen, Compugates slipped 0.5 sen to 7.5 sen but Proton-CG earned 5.5 sen 42.5 sen.
Among heavyweights, Maybank lost 7.0 sen to RM8.22, Sime Darby fell 10 sen to RM8.88, CIMB dipped 12 sen to RM7.09 but Petronas Chemicals increased 1.0 sen to RM6.18. -- Bernama
