KUALA LUMPUR: Bursa Malaysia ended in the red today following a domestic political wrangling culminating in the resignation of Tun Dr Mahathir Mohamad as prime minister and Parti Pribumi Bersatu Malaysia chairman.
At close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.68 per cent or 41.14 points lower to 1490.06 points compared with Friday’s close of 1,531.20.
The market capital for the day was recorded at RM986.14 billion.
Throughout the day, the index moved between 1,485.71 to 1,510.42 after opening at 1,501,47.
On the scoreboard, losers outpaced gainers 1,015 to 137 with 222 unchanged, 625 untraded and 21 counters suspended.
On the index board, the FBM Emas Index slipped 319.51 points to 10,646.10, the FBMT 100 Index declined 308.74 points to 10,438.37 and the FBM Ace shed 98.78 points to 5,648.14.
The FBM Emas Shariah Index gave up 332.29 points to 11,324.97 and the FBM 70 dipped 480.58 points to 13,401.21.
Sector-wise, the Industrial Products and Services Index eased 2.81 points to 142.98, the Financial Services Index shed 374.30 points to 14,321.62 and the Plantation Index erased 219.11 points to 6,915.54.
Main Market volume increased to 2.82 billion shares worth RM3.62 billion compared with 1.51 billion shares valued at RM1.86 billion last Friday.
Warrants turnover rose to 455.79 million units worth RM71.39 million from 398.58 million units worth RM75.46 million.
Volume on the ACE Market declined to 752.43 million worth RM204.35 million from 821.86 million shares valued at RM196.23 million last Friday.
Consumer products and services accounted for 678.44 million shares traded on the Main Market, industrial products and services (373.92 million), construction (216.51 million), technology (419.00 million), SPAC (nil), financial services (119.26 million), property (179.42 million), plantations (39.18 million), REITs (11.60 million), closed/fund (133,800), energy (507.15 million), healthcare (65.93 million), telecommunications and media (87.05 million), transportation and logistics (67.42 million), and utilities (58.77 million). – Bernama