SHARES on Bursa Malaysia closed lower yesterday due to the extended sell-off in heavyweights.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) shed 9.9 points to end at its intra-day low of 1,774.16.
Heavyweights Maybank fell eight sen to RM9.77, CIMB slipped five sen to RM7.74 and Petronas Chemicals trimmed 12 sen to RM6.78. Sime Darby was one sen lower at RM9.50 and Maxis declined two sen to RM7.02.
Sentiment in most regional market were subdued as the latest round of United States debt ceiling battle raged on in the country.
The Industrial Index fell 8.99 points to 3,038.29, the Plantation Index dipped 4.49 points to 8,349.75, the Finance Index erased 140.10 points to 16,491.07 and the FBM Emas Index decreased 65.46 points to 12,331.88.
The FBMT100 trimmed 68.64 points to 12,066.24, the FBM 70 Index fell 85.07 points to 14,014.41 but the FBM ACE Index added 23.22 points to 5,515.27.
Losers led gainers 404 to 327, with 297 counters unchanged, 555 untraded and 26 others were suspended.
Turnover fell to 2.14 billion shares worth RM1.87 billion compared with 2.21 billion shares valued at RM2.05 billion on Wednesday.
Among the actives, MAS added one sen to 34 sen and Sersol was flat at RM1.02.
FBM KLCI futures contracts on Bursa Malaysia Derivatives also eased yesterday, in line with the bearish cash market.
September 2013 lost 14 points to 1,768, October 2013 fell nine points to 1,773.5 and December 2013 eased 6.5 points to 1,774.5. March 2014 shed six sen to 1,768.
Turnover declined to 32,339 lots from Wednesday's 34,199 lots, while open interest increased to 84,391 contracts from 82,353 contracts previously. Bernama