Shares on Bursa Malaysia remained lower at mid-morning today amid lack of buying ahead of the Chinese New Year long weekend, dealers said.
At 10.45am, the underlying FBM KLCI declined 4.32 points or 0.28 per cent to 1,515.04 amid selling in selected heavyweights including Tenaga Nasional, Maybank and CIMB.
It had opened 2.27 points lower at 1,517.09.
TNB was among the top losers after reporting RM224.7 million net losses for the first quarter ended November 2011 against RM716.5 million net profit in the same quarter a year ago. It dropped 13 sen or 2.09 per cent to RM6.10 with 721,600 shares done.
Market breadth was moderate with losers outpacing gainers 242 to 238.
Volume amounted to 500.98 million valued at RM286.79 million.
The Plantation Index increased 19.52 points to 8,471.34 and the Industrial Index rose 0.76 point to 2,780.77. The Finance Index fell 46.79 points to 13,387.15. The FBM Emas also declined 19.22 points to 10,462.64. However, the FBM Mid 70 gained 13.94 points to 11,785.03 and the FBM Ace added 11.87 points to 4,287.52.
Among active counters, DBE Gurney rose one sen to 10 sen, DBE Gurney-Warrants added 1.5 sen to 6.5 sen and Compugates was half sen higher at eight sen.
For the heavyweights, Maybank slid nine sen to RM8.20, CIMB lost six sen to RM7.10 while Sime Darby was unchanged at RM9.10. -- BERNAMA
At 10.45am, the underlying FBM KLCI declined 4.32 points or 0.28 per cent to 1,515.04 amid selling in selected heavyweights including Tenaga Nasional, Maybank and CIMB.
It had opened 2.27 points lower at 1,517.09.
TNB was among the top losers after reporting RM224.7 million net losses for the first quarter ended November 2011 against RM716.5 million net profit in the same quarter a year ago. It dropped 13 sen or 2.09 per cent to RM6.10 with 721,600 shares done.
Market breadth was moderate with losers outpacing gainers 242 to 238.
Volume amounted to 500.98 million valued at RM286.79 million.
The Plantation Index increased 19.52 points to 8,471.34 and the Industrial Index rose 0.76 point to 2,780.77. The Finance Index fell 46.79 points to 13,387.15. The FBM Emas also declined 19.22 points to 10,462.64. However, the FBM Mid 70 gained 13.94 points to 11,785.03 and the FBM Ace added 11.87 points to 4,287.52.
Among active counters, DBE Gurney rose one sen to 10 sen, DBE Gurney-Warrants added 1.5 sen to 6.5 sen and Compugates was half sen higher at eight sen.
For the heavyweights, Maybank slid nine sen to RM8.20, CIMB lost six sen to RM7.10 while Sime Darby was unchanged at RM9.10. -- BERNAMA
