Bursa Malaysia remain in the red at mid-afternoon

Bursa Malaysia (Bloomberg pic)

KUALA LUMPUR: Bursa Malaysia remained in the red territory at mid-afternoon with losses seen mostly in the telecommunications, healthcare and financial-related stocks, dealers said.

At 3pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) erased 11.01 points to 1,779.10 from Thursday’s close of 1,790.11. The index opened 2.59 points weaker at 1,787.52.

On the broader market, losers tripled gainers 639 to 204, while 313 counters were unchanged, 718 untraded and 17 others suspended.

Turnover stood at 1.49 billion shares worth RM1.13 billion.

Among heavyweights, Maybank fell five sen to RM9.65, Public Bank slipped two sen to RM24.98, Tenaga dropped six sen to RM15.44, and Petronas Chemicals was flat at RM9.40.

For actives, Sapura Energy slipped 1.5 sen to 39.5 sen, My EG Services shed five sen to RM1.63, Borneo Oil flat at 5.5 sen, but Fintec Global rose one sen to 6.5 sen.

The FBM Emas Index dropped 78.16 points to 12,419.64, the FBMT 100 Index declined 74.64 points to 12,229.39 and the FBM Emas Shariah Index was 102.32 points weaker at 12,532.27.

The FBM Ace Index erased 67.95 points to 5,227.61 while the FBM70 depreciated 85.58 points to 14,702.06.

Sector-wise, the Plantation Index eased 6.78 points to 7,495.44, the Industrial Products and Services Index inched down 0.48 of-a-point to 176.89 and the Financial Services was 59.28 points lower at 17,702.31.