Share prices on Bursa Malaysia were marginally lower today reflecting the bearish sentiment in external markets, dealers said.
After 30 minutes of trading, the FBM KLCI fell 3.37 points to 1,474.41.
HwangDBS Vickers Research said US equity indices fell between 0.8 and 1.3 per cent at the closing bell, following news of North Korean ruler Kim Jong Il’s death and its effects on the future North Korean government and economic policies as his son, Kim Jong Un, begins his succession to power.
"Compounding this were lingering concerns over the Eurozone debt crisis," it added.
Back home, HwangDBS said local bourse would likely trend downwards to its immediate support level of 1,475 as the market continued to mull over North Korea's fate and progress on the International Monetary Fund Eurozone rescue scheme.
The Finance Index dropped 21.66 points to 13,157.34, the Plantation Index was up 2.09 points at 7,890.16 and the Industrial Index fell 6.12 points 2,659.22.
The FBM Emas Index was down 16.08 points to 10,100.83, the FBM Mid 70 Index added 6.16 points to 11,086.71 and the FBM ACE Index gained 5.38 points to 4,106.15.
Gainers led losers 134 to 135 while 167 counters were unchanged.
Turnover stood at 1.707 million lots worth RM64.146 million.
Among the active counters, Utopia earned one sen to RM11.5, Gamuda-CS rose three sen to nine sen and Astral Supreme added two sen to 24 sen.
Among the heavyweights, Maybank was unchanged at RM8.22, CIMB fell three sen to RM7.02 and Sime Darby erased two sen to RM8.99. -- BERNAMA
After 30 minutes of trading, the FBM KLCI fell 3.37 points to 1,474.41.
HwangDBS Vickers Research said US equity indices fell between 0.8 and 1.3 per cent at the closing bell, following news of North Korean ruler Kim Jong Il’s death and its effects on the future North Korean government and economic policies as his son, Kim Jong Un, begins his succession to power.
"Compounding this were lingering concerns over the Eurozone debt crisis," it added.
Back home, HwangDBS said local bourse would likely trend downwards to its immediate support level of 1,475 as the market continued to mull over North Korea's fate and progress on the International Monetary Fund Eurozone rescue scheme.
The Finance Index dropped 21.66 points to 13,157.34, the Plantation Index was up 2.09 points at 7,890.16 and the Industrial Index fell 6.12 points 2,659.22.
The FBM Emas Index was down 16.08 points to 10,100.83, the FBM Mid 70 Index added 6.16 points to 11,086.71 and the FBM ACE Index gained 5.38 points to 4,106.15.
Gainers led losers 134 to 135 while 167 counters were unchanged.
Turnover stood at 1.707 million lots worth RM64.146 million.
Among the active counters, Utopia earned one sen to RM11.5, Gamuda-CS rose three sen to nine sen and Astral Supreme added two sen to 24 sen.
Among the heavyweights, Maybank was unchanged at RM8.22, CIMB fell three sen to RM7.02 and Sime Darby erased two sen to RM8.99. -- BERNAMA
