KUALA LUMPUR, July 21 — Bursa Malaysia remained in the red at mid-morning, slipping 0.2 per cent as selling pressure continued to persist.
At 11 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) erased 3.09 points to 1,522.77 from last Friday's close of 1,525.86. The benchmark index was 0.60 of a point better at 1,526.46 at the opening bell.
The market breadth was negative with 568 decliners thumping 207 gainers, while 387 counters were unchanged, 1,305 untraded, and seven suspended. Turnover stood at 1.66 billion shares worth RM970.32 million.
Among the heavyweight counters, Sunway erased 24 sen to RM4.82, Gamuda was nine sen easier at RM5.24, Public Bank removed two sen to RM4.29 and Petronas Chemicals was four sen lower at RM3.32.
In active trade, NexG added one sen to 50.5 sen, Sunway Construction tumbled 85 sen to RM5.13, Pharmaniaga gained six sen to 21.5 sen while Silver Ridge improved two sen to 22 sen.
On the broader index board, the FBM Emas Index erased 38.38 points to 11,441.45, the FBMT 100 Index removed 36.40 points to 11,205.29, and the FBM Emas Shariah Index declined 66.33 points to 11,471.54. The FBM 70 Index went down 113.60 points to 16,584.12, while the FBM ACE Index trimmed 46.92 points to 4,624.87.
By sector, the Financial Services Index put on 19.88 points to 17,374.71, the Energy Index edged down 1.99 points to 737.14, and the Plantation Index slipped 21.72 points to 7,420.17. The Industrial Products and Services Index shed 1.53 points to 153.85.
— Bernama