KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia traded range-bound and ended the morning session a tad lower, with the key index dipping 0.05 per cent.
At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) trimmed 0.87 points to 1,601.82 from Wednesday’s close of 1,602.69.
The benchmark index opened 1.43 points weaker at 1,602.26 and fluctuated between 1,610.26 and 1,606.51 during the morning session.
The market breadth was negative, with 580 decliners outpacing 329 gainers, and 462 counters unchanged, while 1,325 were untraded and eight suspended.
Turnover stood at 2.13 billion units valued at RM1.27 billion.
Malacca Securities Sdn Bhd said the FBM KLCI tracked Wall Street’s overnight losses and that it continues to see a risk-off sentiment.
It noted that Wall Street traded lower amid heightened concerns about the uncertainty of US-China trade relations. Stocks remained under pressure after US Treasury Secretary Scott Bessent confirmed that the White House is weighing curbs on exports to China made with US software.
Among the heavyweight counters, CelcomDigi, YTL Corporation and Petronas Chemicals fell seven sen each to RM3.59, RM2.43 and RM3.90, respectively. Sunway and IOI added one sen each to RM5.55 and RM3.97.
On the most active list, Perak Transit and Zetrix AI were flat at 33.5 sen and 85 sen, respectively, while THMY soared 51.5 sen to 82.5 sen, and Tanco rose half-a-sen to 88 sen. Verdant Solar lost three sen to 34 sen.
Among the top gainers, Fraser & Neave bounced 60 sen to RM28.92, Bintulu Port gained 32 sen to RM5.50, Dutch Lady added 26 sen to RM26.46 and Spritzer was 22 sen firmer at RM2.72.
Top decliners included Nestle, which fell 50 sen to RM107.80, while Malayan Cement slipped 21 sen to RM6.37, and Petronas Gas shed 20 sen to RM18.54. Kuala Lumpur Kepong lost 18 sen to RM20.54.
On the index board, the FBM Emas Index fell 7.82 points to 11,992.38, the FBMT 100 Index narrowed 9.23 points to 11,726.61, and the FBM Emas Shariah Index erased 17.93 points to 12,080.59.
The FBM ACE Index lost 25.67 points to 5,264.59 and the FBM 70 Index reduced 25.72 points to 17,088.47.
By sector, the Financial Services Index gained 30.02 points to 18,098.26 and the Plantation Index widened 8.21 points to 7,916.03. The Industrial Products and Services Index shaved 0.13 of a point to 170.23 and the Energy Index trimmed 2.91 points to 782.49.
-- BERNAMA