KUALA LUMPUR : Bursa Malaysia opened lower today in spite of the overnight ascent on most worldwide markets and enhanced oil costs, a merchant said.
At 9.18am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.22 focuses barely bring down at 1,666.35, against Tuesday's end of 1,667.57.
The record opened 0.9 of-a-point bring down at 1,667.25.
Gainers trounced washouts 161 to 129, while 216 counters were unaltered, 1,153 untraded and 20 others suspended.
Turnover remained at 111.37 million shares worth RM55.72 million.
The surge in worldwide oil costs did not loan much support to the nearby market in the early session as the market is restlessly anticipating financial information, due today from China.
AllianceDBS Research in a note said given yesterday's execution, a high likelihood of purchasing chance to benefit from the market was made.
"This additionally gave a decent shot for hazard taking business sector members to set up stock positions.
"An examination of general market activity yesterday uncovered that purchasing force was more grounded than offering weight. All things considered, the FBM KLCI would likely exchange over the 1,667.57 level today," it included.
Of the heavyweights, Maybank crawled down one sen to RM7.70, Public Bank, Petronas, IHH and TNB all stayed pegged at RM19.76, RM6.81, RM6.43 and RM14.40 individually.
Of the washouts, Fraser and Neave declined 20 sen to RM24.24, Eon Credit shed 12 sen to RM14.50, Hong Leong Financial declined eight sen to RM15.62, Axiata fell seven sen to RM5.15, Hong Leong contracted six sen to RM13.18 and Gamuda was down five sen to RM4.86.
The FBM Emas Index lost 8.41 focuses to 11,795.83, the FBM Emas Syariah Index facilitated 13.61 focuses to 12,440.44 and the FBMT 100 Index was 8.76 focuses bring down at 11,494.27. The FBM 70 slid 11.76 focuses to 13,895.04.
Be that as it may, the FBM Ace enhanced 13.40 focuses to 5,169.32.
The Plantation Index shrank 6.47 focuses for 7,934.39, however the Industrial Index expanded 2.61 focuses to 3,132.15 and the Finance Index fell 11.56 focuses to 14,344.20.
Gold fates contracts on Bursa Malaysia Derivatives were untraded as at 10am today on an absence of impetuses, merchants said.
October 2016, November 2016, December 2016 and January 2017 remained pegged at RM170.10, RM170.25, RM170.50 and RM170.35 a gram individually.
Volume was nil, with open enthusiasm adding up to 267 contracts.
At 9.30am, physical gold was 22 sen bring down at RM164.46 a gram from yesterday's 5pm shutting of RM164.68 a gram.
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