Muristek
On the broader market, gainers surpassed losers 475 to 339, while 413 counters were unchanged, 1,017 untraded and 35 others suspended. — Bernama pic
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KUALA LUMPUR, April 4 — Bursa Malaysia ended the morning trading session lower, as trading continued in a cautious mode with mild profit-taking in selected heavyweights.
At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.90 points lower at 1,593.85 from 1,602.41 at Friday’s close.
The barometer index opened 0.38 of-a-point easier at 1,602.03, and moved between 1,594.77 and 1,602.32 throughout the morning session.
On the broader market, gainers surpassed losers 475 to 339, while 413 counters were unchanged, 1,017 untraded and 35 others suspended.
Total turnover stood at 1.87 billion worth RM991.22 million.
A dealer said Bursa Malaysia opened easier in a cautious mode, retreating from a firmer close on Friday and continued in negative territory for the whole morning session.
“Concerns over Russia’s war in Ukraine, and expectations of further US interest rate hikes continue to plague on market sentiments.
“The local bourse bucked regional trend, which was mostly positive in the morning session today, dragged down by profit-taking in selected heavyweight stocks,” he said.
Regionally, Hong Kong’s Hang Seng Index added 1.24 per cent to 22,313.83, Japan’s Nikkei 225 edged up 0.13 per cent to 27,702.75, South Korea’s Kospi improved 0.39 per cent to 2,750.46, and Singapore’s Straits Times Index added 0.16 per cent to 3,424.59.
On the local front, among the heavyweights, Maybank slid one sen to RM8.97, Public Bank shed six sen to RM4.72, Petronas Chemicals fell seven sen to RM9.70, CIMB Group eased three sen to RM5.30, while IHH Healthcare added five sen to RM6.30.
Of the actives, Metronic edged up half-a-sen to 2.5 sen, Pappajack increased 4.5 sen to 44 sen, Vortex added two sen to 12 sen, Careplus gained 1.5 sen to 79 sen, and SIAB Holdings rose four sen to 26 sen.
On the index board, FBM Emas Index added 2.84 points to 11,474.49, FBM ACE advanced 17.30 points to 5,703.18, FBM 70 rose 72.96 points to 13,945.81, FBM Emas Shariah Index added 29.44 points to 12,063.29, while FBMT 100 Index slid 7.05 points to 11,142.95.
Sector-wise, the Industrial Products and Services Index edged up 0.44 of-a-point to 206.79, the Plantation Index surged 96.58 points to 8,045.34, while the Financial Services Index slipped 67.37 points to 16,841.49. — Bernama