SHARE prices on Bursa Malaysia closed marginally lower due to weak participation from investors ahead of the Hari Raya Aidiladha holiday today, dealers said.
The FTSE Bursa Malaysia KLCI (FBM KLCI) ended at 1,784.76, down 0.99 point from Friday's close, with losses mostly seen in heavyweight counters.
Etiqa Insurance & Takaful Bhd's head of research Chris Eng said the market's movement in the holiday-thinned trade was within expectations.
On the scoreboard, the Finance Index eased 6.82 points to 16,684.98, the Industrial Index declined 12.31 points to 3,055.75 and the Plantation Index slipped 3.15 points to 8,357.34. The FBM Emas Index trimmed 13.47 points to 12,418.19, the FBMT100 was 12.19 points lower at 12,151.22, the FBM 70 Index lost 36.53 points to 14,166.31 and the FBM ACE Index fell 40.46 points to 5,463.11.
Losers led gainers 419 to 309, with 303 counters unchanged, 578 untraded and 15 others suspended.
Turnover dropped to 1.323 billion shares worth RM1.041 billion from 1.825 billion shares worth RM1.608 billion on Friday.
Among the heavyweights, Petronas Chemicals eased two sen to RM7.04, while both Axiata Group and CIMB shed one sen each to RM6.90 and RM7.48, respectively. Maybank and Sime Darby were flat at RM10 and RM9.45, respectively.
Meanwhile, FBM KLCI futures contracts on Bursa Malaysia Derivatives ended mostly lower, in tandem with the cash market.
Spot month October 2013 was unchanged at 1,789.5, while November 2013, December 2013 and March 2014 eased 1.5 points each to 1,788, 1,788 and 1,786, respectively.
Turnover narrowed to 3,431 lots from Friday's 5,409 lots, while open interest declined to 44,839 contracts from 46,374 contracts previously. Bernama