Bursa Malaysia ends lower, dragged by weaker heavyweights
The FTSE Bursa Malaysia KLCI stood at 1,693.99 down 6.77 points at Friday's close. — Reuters pic
The benchmark index opened 12.54 points lower at 1,688.87 and moved between 1,688.22 and 1,698.87 throughout the day. Tenaga declined 12 sen to RM12.96 while both Petronas Chemicals and Maxis shed eight sen each to RM9.19 and RM5.31, respectively.“The local bourse bucked the trend to perform well like its Asian peers, which were mostly higher following the better-than-expected US economic growth. I think this could be linked to the poor corporate results for 2018 that was released last week.
The FBM Emas Index decreased 31.51 points to 11,766.61, the FBMT 100 Index fell 37.10 points to 11,626.85 and the FBM Emas Shariah Index shed 36.87 points to 11,688.29. Main Market volume increased to 2.20 billion shares valued at RM1.94 billion from 2.02 billion shares worth RM2.17 billion recorded previously.
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