The end of the 3rd quarter of 2022 saw Bursa Malaysia continue to be 'bathed in blood' as it moved weakly following the performance of Wall Street.
According to Malacca Securities Sdn Bhd, the escalating macroeconomic pressure further clouded sentiment as investors continued to be cautious in making investments.
On that factor the firm predicts the emergence of moderate buying following the stock portfolio revaluation activity at the end of the quarter.
Meanwhile, the FTSE KLCI index (FBM KLCI) was down 6.09 points at 1,391.41 from Thursday's close of 1,397.5 with a weak opening of 2.21 points at 1,395.29.
In the broader market, losses at 233 outpaced gains at 64, while 180 counters were unchanged, 1,906 untraded and 37 suspended.
Total revenue at 99 million units worth RM43.49 million.
Heavyweight stocks saw Public Bank Bhd remain at RM4.20 while Petronas Chemicals Group Bhd was unchanged at RM8.39, Maybank fell 3 sen to RM8.53, CIMB Group Holdings Bhd lost 6 sen to RM5.09, IHH Healthcare Bhd fell 5 sen at RM5.87 and Tenaga Nasional Bhd (TNB) less 7 sen at RM8.18.
Active shares showed XL Holdings Bhd up 0.5 sen at 68.5 sen, Green Ocean Corp Bhd remained at 1 sen while Kejuruteraan Asastera Bhd was unchanged at 45.5 sen.
Bina Puri Holdings Bhd and PT Resources Holdings Bhd fell 0.5 sen to 3 sen and 43 sen while Top Glove Corp Bhd and Cnergenz Bhd lost 1 sen to 57.5 sen and RM1.03.
On the index board, FBM Emas Index was down 41.68 points at 9,939.76, FBM 70 was down 50.39 points at 12,105.19, FBMT 100 was down 41.96 points at 9,693.15, FBM Emas Shariah was down 45.12 points at 9,996.73 and FBM ACE was down 28.46 points at 4,631.59.
In terms of sectors, the Energy index fell 2.99 points at 668.51, the Plantation index fell 10.29 points at 6,494.21, the Financial Services index fell 60.1 points at 15,822.24 and the Products and Services index fell 0.53 points at 169.44.
