Share prices on Bursa Malaysia were mixed in early trading today on lack of buying interest due to weak market sentiment regionally, dealers said.
At 9.15am, the FBM KLCI stood at 1,561.51, down 2.27 points from yesterday after opening 0.04 of a point higher at 1,563.82.
HwangDBS Vickers Research said although Greece had sealed a new bailout deal after securing approvals from eurozone finance ministers yesterday, the news had already been discounted by investors.
Following the news, the key US equity indices ended little changed, between -0.1 per cent and +0.1 per cent last night.
"This suggests that the local bourse may continue its sideways trading pattern,
possibly swinging between the immediate support and resistance levels of 1,555 and 1,580 ahead," the research house said in statement.
The Finance Index fell 9.319 points to 13,942.70, the Plantation Index erased 20.64 points to 8,724.79 and the Industrial Index lost 5.83 points to 2,902.47.
The FBM Emas Index declined 14.46 points to 10,841.35, the FBM Mid 70 Index was down 7.03 points to 12,318.21 but the FBM Ace Index gained 22.57 points to 4,803.08.
Gainers outpaced losers 144 to 123 while 186 counters were unchanged, 1,037 untraded and 19 others suspended with 233.504 million shares worth RM69.860 million changing hands.
Among active counters, Hartalega rose 15 sen to RM8.00, Aeon added 11 sen to RM8.10, Hong Leong Bank gained 10 sen to RM11.96 and Pintaras Jaya increased nine sen RM2.62.
Maybank and CIMB declined two sen each to RM8.68 and RM7.27 respectively, Sime Darby was up two sen to RM9.66, while Petronas Chemicals was unchanged at RM6.94. -- Bernama
At 9.15am, the FBM KLCI stood at 1,561.51, down 2.27 points from yesterday after opening 0.04 of a point higher at 1,563.82.
HwangDBS Vickers Research said although Greece had sealed a new bailout deal after securing approvals from eurozone finance ministers yesterday, the news had already been discounted by investors.
Following the news, the key US equity indices ended little changed, between -0.1 per cent and +0.1 per cent last night.
"This suggests that the local bourse may continue its sideways trading pattern,
possibly swinging between the immediate support and resistance levels of 1,555 and 1,580 ahead," the research house said in statement.
The Finance Index fell 9.319 points to 13,942.70, the Plantation Index erased 20.64 points to 8,724.79 and the Industrial Index lost 5.83 points to 2,902.47.
The FBM Emas Index declined 14.46 points to 10,841.35, the FBM Mid 70 Index was down 7.03 points to 12,318.21 but the FBM Ace Index gained 22.57 points to 4,803.08.
Gainers outpaced losers 144 to 123 while 186 counters were unchanged, 1,037 untraded and 19 others suspended with 233.504 million shares worth RM69.860 million changing hands.
Among active counters, Hartalega rose 15 sen to RM8.00, Aeon added 11 sen to RM8.10, Hong Leong Bank gained 10 sen to RM11.96 and Pintaras Jaya increased nine sen RM2.62.
Maybank and CIMB declined two sen each to RM8.68 and RM7.27 respectively, Sime Darby was up two sen to RM9.66, while Petronas Chemicals was unchanged at RM6.94. -- Bernama
