Shares on Bursa Malaysia closed lower today ahead of the much-anticipated US Federal Reserve policy meeting, dealers
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.54 points to 1,771.4 from yesterday's close at 1,774.94.
The market barometer hovered between 1,769.69 and 1774.78.
A dealer said markets took a breather ahead of what was expected to be the first tentative step by the Federal Reserve as investors are cautiously anticipating the US central bank to cut its US$85 billion monthly asset buying tomorrow.
"More sector rotation plays will likely continue to dominate in the near term ahead of the Federal Reserve's meeting outcome," he said.
On the local scoreboard, the Finance Index firmed 56.57 points to 16,664.3, while the Industrial Index was up 1.07 points to 3,009.29.
The Plantation Index dwindled 11.319 points to 8,330.86.
The FBM Emas Index fell 17.1 points to 12,290.57, the FBMT100 was 18.94 points lower at 12,041.17, the FBM 70 Index fell 0.99 of-a-point to 13,959.24 and the FBM ACE Index slipped 0.4 of-a-point to 5,152.37.
Gainers led losers by 405 to 312, with 320 counters unchanged, 551 untraded and 21 others suspended.
Turnover fell to 1.43 billion shares worth RM1.48 billion from Tuesday's 1.5 billion shares worth RM1.74 billion.
Volume on the Main Market rose to 1.20 billion units worth RM1.42 billion from yesterday's 1.19 billion units valued at RM1.68 billion.
Turnover on the ACE market dwindled to 194.4 million shares worth RM48.9 million from 273.17 million shares worth RM60.57 million.
Total warrants dropped to 32.93 million units valued at RM3.7 million from Tuesday's 34.81 million units valued at RM4.4 million.
Among actives, CSL earned half-a-sen to 20.5 sen, Integrated Rubber gained four sen to 50.5 sen, Maxwell garnered five sen to 34 sen and Salcon added 1.5 sen to 65.5 sen. Asia Media slipped half-a-sen to 10 sen.
As for heavyweights, Maybank and CIMB added two sen each to RM10.20 and RM7.60, respectively, while Petronas Chemicals earned three sen RM6.79.
Axiata was unchanged at RM6.88 while Sime Darby fell one sen to RM9.49.
Consumer products accounted for 200.23 million shares on the Main Market; industrial products 204.82 million; construction 47.96 million; trade and services 459.73 million; technology 99.42 million; infrastructure 30.09 million; SPAC 25.65 million; finance 29.25 million; hotels 374,600; properties 94.52
million; plantations 9.56 million; mining 21,300; REITs 6.53 million; and closed/fund 4,100.-- Bernama