KL shares lower at mid-morning

SHARE prices on Bursa Malaysia were lower at mid-morning today on persistent selling activities on heavyweight counters, a dealer said. At 11.15am, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) fell 0.2 per cent or 2.21 points to 1,199.86. It opened 1.59 points higher at 1,203.66 this morning. The FBMEmas was also down by 12.44 points to 8,081.38 and the FBM Top 100 declined 11.07 points to 7,863.76. The FBM70 however was up 2.38 points to 7,948.54 and the FBM Ace Index advanced 9.23 points to 4,131.78.


Meanwhile, the Finance Index edged up 0.21 of a point to 9,692.57 and the Plantation Index climbed 43.34 points to 5,968.57 but the Industrial Index declined 12.47 points to 2,638.27. Losers led gainers by 284 to 199 while 204 counters were unchanged and 568 others untraded. A total of 262.582 million shares worth RM375.582 million were transacted. Leading the actives, KNM Group and MLABS Systems were both unchanged at 19.5 sen and seven sen, respectively, while Genting was down 18 sen to RM6.99. The top gainer was Kumpulan H&L Hi-Tech which earned 21 sen to 88 sen while Nilai Resources fell five sen to 52.5 sen.

Among the heavyweights, Sime Darby lost nine sen to RM8.51, British American Tobacco fell 16 sen to RM45.00 while Telekom Malaysia shed four sen to RM3.11

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