Share prices on Bursa Malaysia closed lower today ahead of the holiday season next week, weighed down by selected heavyweights and index-linked counters.
The FTSE Bursa Malaysia KLCI (FBM KLCI) finished 5.74 points lower at 1,802.57. The market barometer was traded at an intra-day low of 1,798.57 on Friday.
Market breadth was negative as losers thrashed gainers 452 to 294, while 329 counters were unchanged, 502 untraded and 15 others were suspended.
Volume was slightly higher at 1.586 billion shares, worth RM2.097 billion, from 1.520 billion shares, worth RM2.023 billion, traded yesterday.
The market's bearish performance was also in tandem with its regional peers following the slowing down of manufacturing activities in China and the possibility of the US Federal Reserve reducing its stimulus programme.
Japan's Nikkei 225 shed 1.94 per cent to 15,391.56, Hong Kong's Hang Seng Index slipped 1.25 per cent to 22,450.06 and Singapore's Straits Times fell 0.78 per cent to 3,075.99.
On heavyweights, CIMB rose 10 sen to RM6.90, Axiata gained four sen to RM6.57, Maybank dropped 11 sen to RM9.65, TNB fell two sen to RM11.48 and Sime Darby declined eight sen to RM9.05.
On the scoreboard, the Plantation Index reduced 87.02 points to 8,496.18, the Industrial Index was 15.80 points lower at 3,057.97 and the Finance Index lost 66.85 points to 16,412.09.
The FBM Emas Index erased 39.06 points to 12,468.36, FBMT100 Index slid 39.51 points to 12,181.28, the FBM 70 dipped 47.66 points to 13,826.37 but the FBM Ace added 71.76 points to 5,938.51.
The Main Market volume increased to 1.248 billion units, worth RM1.995 billion, from Thursday's 1.185 billion units worth RM1.932 billion.
Turnover on the ACE market appreciated to 297.97 million shares, valued at RM91.698 million, from 290.65 million shares, valued at RM83.116 million, traded yesterday.
Warrants fell to 32.549 million units, worth RM3.552 million, from 39.90 million units, worth RM4.623 million, registered on Thursday.
On a sectoral basis, consumer products accounted for 176.62 million shares traded on the Main Market, industrial products 213.28 million, construction 47.96 million, trade and services 440.061 million, technology 27.89 million, infrastructure 68.90 million, SPAC 38.0 million, finance 70.81 million, hotels
1.98 million, properties 106.41 million, plantations 48.639 million, mining 27,200, REITs 7.636 million and closed/fund 39,000.-- Bernama