BURSA Malaysia ended the first trading day of 2022 on a mixed note as the key index remained in negative territory on the back of continuous selling among the heavyweights, while on the broader market, gainers outnumbered losers.
Selling among the heavyweights was led by Top Glove and telecommunication stocks amidst concerns over the COVID-19 Omicron’s impact.
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 18.48 points or 1.17 per cent to end at 1,549.05 compared with 1,567.53 at Friday’s close.
The index, which opened 13.89 points lower at 1,553.64, moved between 1,545.53 and 1,556.28 throughout the day.
On the index board, the FBM Emas Index fell 86.4 points to 11,222.39, the FBM Emas Shariah Index erased 166.76 points to 12,096.34 and the FBMT 100 Index decreased 97.32 points to 10,917.81.
Conversely, the FBM ACE surged125.67 points to 6,545.27 and the FBM 70 gained 15.89 points to 14,225.85.
Sector-wise, the Financial Services Index rose 48.43 points to 15,614.07 and the Plantation Index soared 108.27 points to 6,660.38, while the Industrial Products and Services Index slipped 1.32 points to 201.39.
The Main Market volume decreased marginally to 1.39 billion shares worth RM1.21 billion from 1.41 billion shares valued at RM1.66 billion on Friday.
Warrants turnover increased to 171.6 million units worth RM21.61 million from 157.66 million units worth RM22.45 million previously.
The ACE Market volume increased sharply to 1.17 billion shares valued at RM250.63 million from Friday’s 903.15 million shares valued at RM147.29 million.
Consumer products and services counters accounted for 244.99 million shares traded on the Main Market, industrial products and services (531.9 million), construction (32.38 million), technology (268.79 million), SPAC (nil), financial services (23.71 million), property (87.27 million), plantation (14.24 million), REITs (3.72 million), closed/fund (1,500), energy (77.7 million), healthcare (48.64 million), telecommunications and media (21.83 million), transportation and logistics (28.19 million), and utilities (10.58 million). – Jan 3, 2022
