SHARES prices on Bursa Malaysia snapped a seven-day winning streak to end lower yesterday on cautious trading amid the 2014 Budget announcement, dealers said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) closed 1.36 points lower at 1,817.57, after moving between 1,812.47 and 1,820.81 throughout the day.
Total volume rose to 1.759 billion shares valued at RM1.418 billion from 1.52 billion shares valued at RM1.657 billion previously.
There were 385 losers and 380 gainers while 317 counters were unchanged, 557 untraded and 39 others suspended.
On the scoreboard, the Finance Index fell 16.88 points to 16,854.8, the Plantation Index rose 12.58 points to 8,541.76 and the Industrial Index rose 13.69 points to 3,127.91.
The FBM Emas Index shed 3.1 points to 12,636.42, FBMT100 Index lost 4.78 points to 12,363.67 and the FBM ACE Market Index lost 25.22 points to 5,546.37. The FBM 70 Index rose 12.96 points to 14,368.85.
Among actives, Hubline rose one sen to seven sen, the Media Shoppe lost half-a-sen to 8.5 sen and Sumatec-OR declined one sen to eight sen.
For heavyweights, Maybank gained one sen to RM9.98, Axiata fell one sen to RM6.91 and CIMB lost two sen to RM7.65.
Volume on the Main Market improved to 1.339 billion units valued at RM1.342 billion from 1.019 billion shares valued at RM1.568 billion on Thursday. Meanwhile, FBM KLCI futures on Bursa Malaysia Derivatives closed lower in line with the weaker performance on the cash market, dealers said.
October 2013 lost 12 points to 1,814, November 2013 fell 10.5 points to 1,814.5, December 2013 shed 10 points to 1,815 and November 2013 slipped 12.5 points to 1,806.
Turnover added to 8,348 lots from 6,319 lots on Thursday while open interest increased to 51,988 contracts from 49,288 contracts on Thursday. Bernama