Shares on Bursa Malaysia continued their downtrend at midafternoon today as investors reduced their positions ahead of the extended weekend, dealers said.
At 3pm, the FBM KLCI declined 3.62 points or 0.24 per cent to 1,515.74, led by losses in selected heavyweights and financial stocks on lingering concern over the euro zone debt crisis. It had opened 2.27 points lower at 1,517.09. Losses were limited amid investors' interest on smaller cap stocks.
On the broader market, sentiment remained bearish with losers leading gainers 358 to 305 while 303 counters unchanged. Volume totalled 880.63 million shares worth RM749.48 million.
The Finance Index slipped 32.26 points to 13,401.68, the Industrial Index declined 4.65 points to 2,775.36 while the Plantation Index advanced 33.11 points to 8,484.93.
The FBM Emas slid 16.45 points to 10,465.41 while the FBM Mid 70 added 22.95 points to 11,794.04 and the FBM ACE increased 10.68 points to 4,286.33.
Among active stocks, DBE Gurney rose one sen to 10 sen, DBE Gurney-Warrants up 1.5 sen to 6.5 sen while Compugates was unchanged at 7.5 sen. For the heavyweights, Maybank fell eight sen to RM8.21, CIMB lost six sen to RM7.10 while Sime Darby was flat at RM9.10.
Bursa Malaysia will be closed on Monday and Tuesday for the Chinese New Year celebrations. -- Bernama
At 3pm, the FBM KLCI declined 3.62 points or 0.24 per cent to 1,515.74, led by losses in selected heavyweights and financial stocks on lingering concern over the euro zone debt crisis. It had opened 2.27 points lower at 1,517.09. Losses were limited amid investors' interest on smaller cap stocks.
On the broader market, sentiment remained bearish with losers leading gainers 358 to 305 while 303 counters unchanged. Volume totalled 880.63 million shares worth RM749.48 million.
The Finance Index slipped 32.26 points to 13,401.68, the Industrial Index declined 4.65 points to 2,775.36 while the Plantation Index advanced 33.11 points to 8,484.93.
The FBM Emas slid 16.45 points to 10,465.41 while the FBM Mid 70 added 22.95 points to 11,794.04 and the FBM ACE increased 10.68 points to 4,286.33.
Among active stocks, DBE Gurney rose one sen to 10 sen, DBE Gurney-Warrants up 1.5 sen to 6.5 sen while Compugates was unchanged at 7.5 sen. For the heavyweights, Maybank fell eight sen to RM8.21, CIMB lost six sen to RM7.10 while Sime Darby was flat at RM9.10.
Bursa Malaysia will be closed on Monday and Tuesday for the Chinese New Year celebrations. -- Bernama
