SHARES on Bursa Malaysia retreated from Tuesday's gain to close lower yesterday, with losses mostly seen in finance counters and key heavyweights, dealers said.
The FTSE Bursa Malaysia KLCI (FBM KLCI), which traded in negative territory throughout yesterday, finished 8.38 points, or 0.47 per cent, weaker at 1,769.12.
The benchmark index recorded an intraday high of 1,775.04 and traded at a low of 1,769.12. Hong Leong Bank and DiGi dragged down the composite index by 2.54 points, with the counters declining by 42 sen and eight sen, respectively, to RM13.82 and RM4.89.
The Finance Index fell 92.27 points to 16,474.84, the Plantation Index slipped 1.57 points to 8,347.21 and the Industrial Index declined 10.92 points to 3,031.27.
The FBM Emas Index gave up 48.44 points at 12,317.06, the FBMT100 lost 48.22 points for 12,054.73 and the FBM 70 Index dipped 19.83 points to 14,094.97. The FBM ACE Index, however, rose 16.41 points to 5,390.2.
Turnover increased to 1.52 billion shares worth RM1.35 billion from 1.51 billion shares worth RM1.487 billion on Tuesday.
Among the heavyweights, Petronas Chemicals rose three sen to RM6.89, CIMB lost six sen to RM7.40, while both Maybank and Axiata Group slipped two sen each to RM9.85 and RM6.90, respectively.
Meanwhile, FBM KLCI futures contracts on Bursa Malaysia Derivatives ended lower, tracking the cash market's losses.
October 2013 lost 5.5 points to 1,773.5, while both November 2013 and December 2013 fell 6.5 points each to 1,773 and 1,772.5, respectively. March 2014 eased four points to 1,770.5.
Turnover narrowed to 3,688 lots from Tuesday's 4,258 lots, while open interest declined to 44,861 contracts from 45,441 contracts before. Bernama