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KUALA LUMPUR: The FBM KLCI extended its loss today as investors amidst cautious market sentiment ahead of the six state elections tomorrow.
At 5pm, the market bellwether closed down 1.77 points, or 0.12% at 1,457.16. For the week, the index added 11.95 points or 0.83%.
There were 502 gainers, 382 losers and 429 counters traded unchanged on the Bursa Malaysia. Turnover stood at 2.94 billion shares valued at RM1.86bil.
Among the losers, Nestle slid 50 sen to RM132, Malaysian Pacific Industries
fell 30 sen to RM28, Hong Leong Capital eased 26 sen to RM5.84 and PPB lost 24 sen to RM16.56.
Hextar Technologies surged 88 sen to RM27.88, BLD Plantation rose 24 sen to RM11, Allianz-PA added 22 sen to RM15.72 and Rapid gained 22 sen to RM22.78.
Classita was the most actively traded stock. The stock, which saw 219.27 million shares traded, slipped 0.5 sen to nine sen.
Meanwhile, US West Texas Intermediate crude fell 46 cents to US$82.36 and Brent lost 47 cents to US$85.93 per barrel.
On the external front, MSCI’s Asia ex-Japan stock index was lower by 1%.
Japan’s Nikkei 225 rose 0.84% to 32,473.65 while South Korea’s Kospi closed down 0.4% at 2,591.26.
Hong Kong’s Hang Seng ended 0.9% lower at 19,075.19 and China’s CSI 300 index fell 2.3% to 3,884.25.
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