KUALA LUMPUR, March 10 — Bursa Malaysia ended at its intraday low today in tandem with the heavy selldown in most regional and global bourses. At 5pm, the benchmark FTSE Bursa...
KUALA LUMPUR, March 10 — Bursa Malaysia ended at its intraday low today in tandem with the heavy selldown in most regional and global bourses.
Market breadth was negative with losers outpacing gainers 694 to 239 while 368 counters were unchanged, 944 untraded and 33 others suspended.Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the key regional indices ended sharply lower, tracking similar declines on Wall Street amid persistent worries about the risk of global recession.
Back home, Bursa Malaysia heavyweights Public Bank and Celcomdigi fell six sen each to RM4.07 and RM4.17 respectively, IOI Corp slipped nine sen to RM3.80, CIMB decreased seven sen to RM5.43, while Petronas Chemicals was flat at RM7. Sector-wise, the Financial Services Index declined 149.02 points to 15,964.98, the Energy Index shed 25.84 points to 857.25, the Plantation Index slid 67.16 points to 6,762.77, and the Industrial Products and Services Index eased 2.90 points to 172.93.
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