Bursa benchmark falls at 3 pm despite broader market gains
Gainers outnumbered losers 527 to 448, with trading turnover at RM1.72 billion.
Bursa Malaysia’s FBM KLCI was down 13.28 points at 1,610.42 at 3 pm on Oct 16, as selling pressure on selected heavyweights weighed on the benchmark, Bernama reported.
The index had opened at 1,624.83, up 1.13 points, compared with Thursday’s closing level of 1,623.70. Across the market, 527 counters rose and 448 declined. Unchanged counters numbered 471, while 1,397 were untraded and 33 were suspended. Trading involved 2.18 billion units valued at RM1.72 billion.
Among heavyweight stocks, CIMB traded at RM7.29 after a 19 sen decline, while Maybank was at RM9.99, down nine sen. Public Bank gained 10 sen, reaching RM4.84, and Tenaga Nasional rose six sen, trading at RM13.04.
Nestle recorded the largest fall, with a 72 sen decline leaving it at RM89.78. Press Metal dropped 71 sen, trading at RM6.46. On the gainers’ list, Petronas Dagangan advanced 34 sen, reaching RM19.54.
Other indices were mixed. The FBM ACE Index reached 5,415.80 after gaining 104.90 points, whereas the FBM Emas Index stood at 12,012.14, down 61.38 points.
Sector measures also declined. The Plantation Index was at 8,704.87 following a 139.0-point fall, while the Financial Services Index slipped 30.62 points, reaching 18,796.02.
