KL share prices remain easier at mid-day

KUALA LUMPUR, Jan 22 – Share prices on Bursa Malaysia ended the morning session easier on lingering concerns over the upcoming 13th general election, dealers said.

The FTSE Bursa Malaysia KLCI (FBM KLCI) lost 12.5 points to 1,623.13 after hovering between 1,602.12 and 1,627 throughout the morning session.

A dealer said investors also remained sidelined with the Maulidur Rasul and Thaipusam holidays at the end of this week.

The Finance Index dipped 150.8 points to 14,783.15, the Industrial Index slipped 20.03 points to 2,710.23 and the Plantation Index declined 44.56 points to 7,941.22.

The FBM Emas Index erased 79.81 points to 11,039.82, the FBMT100 shed 80.22 points to 10,890.43, the FBM Mid 70 Index gave up 71.68 points to 12,014.93 and the FBM Ace Index fell 35.03 points to 4,107.45.

Losers led gainers by 526 to 167 while 285 counters were unchanged, 681 untraded and 23 others suspended.

Volume stood at 632.29 million shares worth RM969.41 million.

Among actives, Daya Materials and Patimas Computers eased half-a-sen each to

22 sen and 12 sen respectively, Compugates Holdings was flat at 8.5 sen while Industronics added two sen to 53.5 sen.

As for heavyweights, Maybank was flat at RM8.86, CIMB was four sen weaker at RM7.20, while Sime Darby and Axiata Group rose one sen each to RM9.23 and RM6.31 respectively. – Bernama



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