Bursa Malaysia recorded lower trading volume when it opened this morning.
At 9.12am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) index declined 3.34 points to 1,622.85 from 1,626.19 at the close on Friday last week.
Bernama reported that the key index rose 2.28 points to 1,628.47 at 9am and then began to decline a minute after trading.
On the broader market, losers outpaced gainers by 324 to 268 while 358 counters were unchanged, 1,287 untraded and 37 others suspended.
Turnover was 836.49 million shares worth RM340.87 million.
According to Public Bank Investment Bank Bhd, investors are ‘digesting’ the US Federal Reserve’s move not to extend the temporary rule break period of the pandemic that ended this month as well as oil prices rebounding from the recent sharp decline.
Among heavyweights, PBBank and PChem gained one sen each to RM4.24 and RM8.23 respectively while Tenaga rose 20 sen to RM10.76.
However, Maybank dropped one sen to RM8.37.
For the most active counters, Macpie rose 11.5 sen to 67 sen and its warrants rose half-a-sen to 12.5 sen while Dynacia and AT Systemazation Bhd were flat at 15 sen and 11.5 sen, respectively.
On the index board, the FBM Emas Index was down 26.93 points to 11,896.28, the FBMT 100 was down 29.59 points to 11,571.99 and the FBM Emas Syariah was down 32.22 points to 13,197.67.
The FBM 70 was 62.37 points lower at 15,626.97 but the FBM ACE was up 140.77 at 10,775.64.
By sector, the Financial Services Index fell 2.51 points to 15,507.14, the Plantation Index declined 16.46 points to 7,159.16 while the Industrial Products and Services Index added 0.35 points to 193.48.
