Share prices on Bursa Malaysia got off to a subdued start today as investors globally remained cautious ahead of a European Union summit this week.
Fifteen minutes after the opening, the FBM KLCI slipped 10.22 points to 1,472.77. It had opened 5.24 points lower at 1,477.75.
Dealers said investors' sentiment on lingering hopes that the euro zone would figure out a solution to its ongoing debt crisis continued to weigh on the local bourse. Investors were also cautious of the upcoming China inflation data later this week.
The Finance Index fell 74.721 points to 13,158.43, the Plantation Index eased 38.7 points to 7,844.12 and the Industrial Index slipped 21.76 points to 2,658.66. The FBM Emas Index dropped 54.811 points to 10,090.06, the FBM Mid 70 Index was 26.64 points lower at 11,005.65 and the FBM ACE Index decreased 10.47 points to 4,250.77.
Decliners led advancers 135 to 83 while 149 counters were unchanged, 1,119 untraded and 25 others suspended. Turnover stood at 158.071 million shares valued at RM52.450 million.
Sycal Ven-WA added 5.0 sen to 14.5 sen, SAAG Consolidated was flat at 6.5 sen, Sycal Ventures inched up 4.0 sen to 27.5 sen and Denko Industrial advanced 3.5 sen to 41.5 sen.
For heavyweights, Maybank shed 7.0 sen to RM8.23, Sime Darby dwindled 10 sen to RM8.84, CIMB eased 8.0 sen to RM7.12 while Petronas Chemicals was unchanged at RM6.08. -- Bernama
Fifteen minutes after the opening, the FBM KLCI slipped 10.22 points to 1,472.77. It had opened 5.24 points lower at 1,477.75.
Dealers said investors' sentiment on lingering hopes that the euro zone would figure out a solution to its ongoing debt crisis continued to weigh on the local bourse. Investors were also cautious of the upcoming China inflation data later this week.
The Finance Index fell 74.721 points to 13,158.43, the Plantation Index eased 38.7 points to 7,844.12 and the Industrial Index slipped 21.76 points to 2,658.66. The FBM Emas Index dropped 54.811 points to 10,090.06, the FBM Mid 70 Index was 26.64 points lower at 11,005.65 and the FBM ACE Index decreased 10.47 points to 4,250.77.
Decliners led advancers 135 to 83 while 149 counters were unchanged, 1,119 untraded and 25 others suspended. Turnover stood at 158.071 million shares valued at RM52.450 million.
Sycal Ven-WA added 5.0 sen to 14.5 sen, SAAG Consolidated was flat at 6.5 sen, Sycal Ventures inched up 4.0 sen to 27.5 sen and Denko Industrial advanced 3.5 sen to 41.5 sen.
For heavyweights, Maybank shed 7.0 sen to RM8.23, Sime Darby dwindled 10 sen to RM8.84, CIMB eased 8.0 sen to RM7.12 while Petronas Chemicals was unchanged at RM6.08. -- Bernama
