KUALA LUMPUR, Sept 6 — Bursa Malaysia extended its losses at mid-afternoon, weighed down by continued selling pressure in heavyweight stocks, led by Public Bank Bhd and Kuala Lumpur Kepong Bhd , dealers said.
At 3pm, the benchmark FTSE Bursa Malaysia KLCI fell 9.44 points to 1,579.75, from last Friday’s close of 1,589.19.Public Bank and KLK had dragged the index down by a combined 3.09 points. Nevertheless, market breadth was positive as gainers surpassed losers 513 to 474, while 419 counters were unchanged, 832 untraded and 17 others suspended.Of the heavyweights, Maybank eased three sen to RM8.33, Public Bank shed five sen to RM4.08, Petronas Chemicals fell 11 sen to RM8.13, Tenaga Nasional slipped six sen to RM10.30, while IHH Healthcare was up three sen to RM6.36.
Of the actives, Emico gained nine sen to 46 sen, KNM perked one sen to 29.5 sen and XOX improved half-a-sen sen to four sen, while both Bina Puri and Vortex eased half-a-sen to 5.5 sen and 7.5 sen, respectively. On the index board, the FBM Emas Index declined 24.18 points to 11,570.80, the FBMT 100 Index was 27.43 points lower at 11,265.56, and the FBM Emas Shariah Index slipped 19.03 points to 12,675.72.Sector-wise, the Plantation Index fell 80.37 points to 6,619.32, the Financial Services Index dropped 77.98 points to 15,458.79, while the Industrial Products and Services Index edged up 0.07 of-a-point to 199.99.
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