Bursa ends marginally easier
KUALA LUMPUR, July 31 – Bursa Malaysia ended marginally easier today after its earlier gains were pared down by losses in selected bluechips and index-linked counters, dealers said.
However, the underlying FTSE Bursa Malaysia KLCI (FBM KLCI) finished 0.75 of a point higher at 1,631.6, after hovering between 1,628.96 and 1,635.59 throughout the day.
The dealers said local investor sentiment was a little cautious compared to other regional markets on renewed concerns over the external economic condition.
HwangDBS Vickers Research said there were no visible overnight leads from Wall Street with major US equity indices ending between flat and minus 0.4 per cent amid growing economic concerns.
The Finance Index declined 25.12 points to 14,689.44 and the Industrial Index shed 28.460 points to 2,859.47, but the Plantation Index gained 50.65 points to 8,796.47.
The FBM Emas Index advanced 6.19 points to 11,175.23, the FBMT100 increased 4.29 points to 10,992.07, and the FBM Ace Index earned 47.6 points to 4,420.26.
Gainers outpaced losers 418 to 350, while 309 counters closed unchanged, 508 untraded and 20 others suspended.
Total volume appreciated to 1.175 billion shares valued at RM1.868 billion from the 1.229 billion shares valued at RM1.285 billion yesterday. – Bernama