F&N Leads Bursa Decliners As Losers Outpace Gainers

Bursa Malaysia’s broader market remained under pressure, with 609 losers outnumbering 490 gainers. Another 573 counters were unchanged, 1,058 untraded and 20 suspended.

Fraser & Neave Holdings Bhd led the decliners, shedding 40 sen to RM27.50 on 104,400 shares. Frontken Corp Bhd fell 19 sen to RM5.02 on 3.42 million shares.

Petronas Chemicals Group Bhd, SAM Engineering & Equipment (M) Bhd and Sunway Construction Group Bhd each lost 17 sen, closing at RM4.61, RM4.38 and RM7.75, respectively. Their trading volumes stood at 3.73 million, 327,600 and 3.34 million shares.

On the upside, Nestlé (M) Bhd topped the gainers, surging RM1.60 to RM102.70 on 197,600 shares. United Plantations Bhd climbed 48 sen to RM34.20, while Hong Leong Industries Bhd advanced 28 sen to RM18.

AMMB Holdings Bhd added 27 sen to RM7.03 on 13.28 million shares, while Lebtech Bhd rose 21 sen to 86 sen.

Market turnover eased to 2.73 billion shares worth RM2.33 billion, from 3.1 billion shares valued at RM3.57 billion on July 31.

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