KL shares lower mid-afternoon

Shares on Bursa Malaysia were slightly lower at mid-afternoon today, dampened by losses in selected heavyweights, dealers said.

At 3pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) index eased 1.32 points to 1,850.68, after opening 2.32 points higher at 1,854.32.

Of the heavyweights, Tenaga Nasional and PPB Group emerged as the top two losers, declining by 36 sen and 28 sen each to RM11.38 and RM16.12,

respectively.

Losers led gainers by 378 to 377, with 330 counters unchanged, 523 untraded and 14 others suspended.

Turnover stood at 1.4 billion shares worth RM1.55 billion.

On the scoreboard, the Industrial Index earned 0.62 of a point to 3,199.75 and the Finance Index surged 73.01 points to 16,778.55.

The Plantation Index, however, fell 23.23 points to 8,904.19

The FBM Emas Index decreased 1.33 points to 12,832.61, FBMT100 Index lost 5.7 points to 12,476.83 and the FBM Ace slipped 1.52 points to 6,774.7.

The FBM 70, however, rose 6.17 points to 14,047.08.

Among actives, Ingenuity Consolidated erased one sen to 8.5 sen and Xidelang eased half a sen to 26.5 sen.

Asian Pac added 2.5 sen to 24 sen and Insas increased three sen to RM1.34.

Of the heavyweights, Maybank was flat at RM9.67 and Axiata dipped three sen to RM6.70. CIMB added two sen to RM7.23 and Sime Darby went up one sen RM9.27.--