The FBM KLCI index lost 19.62 points or 1.07% on Friday. The Finance Index fell 1.17% to 17456.47 points, the Properties Index dropped 0.67% to 1178.96 points and the Plantation Index down 0.28% to 7946.03 points. The market traded within a range of 17.98 points between an intra-day high of 1824.23 and a low of 1806.25 during the session. Actively traded stocks include NICORP, HIBISCS, AAX, PDZ-WB, BORNOIL, FINTEC, SAPNRG, HSI-C1X, PERISAI and UMWOG. Trading volume increased to 2451.96 mil shares worth RM2673.56 mil as compared to Thursday’s 2054.14 mil shares worth RM2085.37 mil. Leading Movers were PETDAG (+38 sen to RM24.90), NESTLE (+110 sen to RM116.10), KLCC (+7 sen to RM7.80), PETCHEM (+4 sen to RM8.00) and IHH (+1 sen to RM5.94). Lagging Movers were YTL (-5 sen to RM1.42), CIMB (- 24 sen to RM6.86), MAXIS (-19 sen to RM5.88), PETGAS (-52 sen to RM17.48) and GENTING (-22 sen to RM8.78). Market breadth was negative with 208 gainers as compared to 900 losers. The KLCI closed lower to 1819.82 points amid significant losses in US market. The performance of our local bourse was bogged down by negative sentiment worldwide.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) Dropped –19.620 points ended 1824.230 to after hovering 1824.230-1806.250 throughout the day. The RSI at 39.136