BURSA Malaysia failed to maintain its upbeat momentum in the last two consecutive days to end lower on Thursday, on persistent selling seen in healthcare-related stocks as investors opted to stay on the sidelines to weigh on the surging COVID-19 infections and pace of vaccination.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 7.37 points, or 0.46%, to 1,590.57 from Wednesday’s close of 1,597.94.
The market barometer opened 1.14 points higher at 1,599.08 and moved between 1,586.61 and 1,599.72 throughout the session.
Overall, market breadth was negative with losers leading gainers 545 to 539, while 425 counters were unchanged, 633 untraded, and 21 others suspended.
Total volume fell to 6.91 billion units worth RM3.60 bil from yesterday’s 7.44 billion units worth RM4.01 bil.
On the index board, the FBM Emas Index decreased 34.65 points to 11,592.22, the FBMT 100 Index shed 40.10 points to 11,282.66, and the FBM ACE fell 19.16 points to 7,775.77.
The FBM Emas Shariah Index eased 37.76 points to 12,819.31 and the FBM 70 decreased 5.96 points to 15,007.92.
Sector-wise, the Financial Services Index slid 39.55 points to 15,209.85, the Industrial Products and Services Index inched down 0.04 of-a-point to 193.50, and the Plantation Index dipped 9.61 points to 6,842.79.
Main Market volume fell to 4.57 billion shares worth RM2.92 bil from 4.90 billion shares worth RM3.33 bil recorded at Wednesday’s close.
Meanwhile, warrants turnover shrank to 276.26 million units valued at RM26.85 million from 300.06 million units valued at RM27.63 million.
Volume on the ACE Market declined to 2.06 billion shares worth RM651.45 million versus 2.23 billion shares worth RM739.76 million previously.
Consumer products and services accounted for 804.16 million shares traded on the Main Market, industrial products and services (1.66 billion), construction (135.73 million), technology (437.68 million), SPAC (nil), financial services (48.94 million), property (201.98 million), plantation (37.43 million), REITs (10.45 million), closed/fund (2,000), energy (872.60 billion), healthcare (82.07 million), telecommunications and media (133.57 million), transportation and logistics (128.33 million), and utilities (18.62 million). – June 3, 2021
