Share prices on Bursa Malaysia were somewhat mixed in the early trading today as investors remained cautiously optimistic ahead of the European Union Summit later this week.
Twenty-two minutes after the opening, the FTSE Bursa Malaysia (FBM KLCI) lost 0.86 points to 1,480.06, with losses mostly seen in Proton. Earlier, the benchmark index opened 0.33 points lower at 1,480.59.
The Finance Index dwindled 30.99 points to 13,152.51, the Plantation Index eased 10.25 points to 7,837.81 and the Industrial Index slipped 1.23 points to 2,678.79. The FBM Emas Index slid 2.399 points to 10,120.69, the FBM Mid 70 Index was 0.16 points lower at 10,998.7 but the FBM ACE Index gained 49.84 points to 4,274.39.
Advancers led decliners 149 to 78 while 153 counters were unchanged, 1,106 untraded and 24 others were suspended. Turnover stood at 261.173 million shares worth RM145.514 million.
HWANGDBS Vickers Research said it expects investors on the local bourse to stay on the sidelines following the dearth of newsflow. The key benchmark index may continue to trade within a tight range, likely on a slight downward bias and trend closer to its immediate 1,475 support level, it said in a research note today.
Actives, Pavilion Real Estate added 10 sen to RM1, R&A Telecommunications earned 2.5 sen to 14.5 sen and LFE Corporation gained 13.5 sen to 20.5 sen.
For heavyweights, Maybank, Sime Darby and Petronas Chemicals, were unchanged at RM8.20, RM8.95 and RM6.08, respectively, while CIMB shed 4.0 sen to RM7.05. -- Bernama
Twenty-two minutes after the opening, the FTSE Bursa Malaysia (FBM KLCI) lost 0.86 points to 1,480.06, with losses mostly seen in Proton. Earlier, the benchmark index opened 0.33 points lower at 1,480.59.
The Finance Index dwindled 30.99 points to 13,152.51, the Plantation Index eased 10.25 points to 7,837.81 and the Industrial Index slipped 1.23 points to 2,678.79. The FBM Emas Index slid 2.399 points to 10,120.69, the FBM Mid 70 Index was 0.16 points lower at 10,998.7 but the FBM ACE Index gained 49.84 points to 4,274.39.
Advancers led decliners 149 to 78 while 153 counters were unchanged, 1,106 untraded and 24 others were suspended. Turnover stood at 261.173 million shares worth RM145.514 million.
HWANGDBS Vickers Research said it expects investors on the local bourse to stay on the sidelines following the dearth of newsflow. The key benchmark index may continue to trade within a tight range, likely on a slight downward bias and trend closer to its immediate 1,475 support level, it said in a research note today.
Actives, Pavilion Real Estate added 10 sen to RM1, R&A Telecommunications earned 2.5 sen to 14.5 sen and LFE Corporation gained 13.5 sen to 20.5 sen.
For heavyweights, Maybank, Sime Darby and Petronas Chemicals, were unchanged at RM8.20, RM8.95 and RM6.08, respectively, while CIMB shed 4.0 sen to RM7.05. -- Bernama
