Selling pressure dominated Bursa Malaysia as losers trounced gainers 703 to 410, with Hong Leong Bank Bhd leading the decliners while Nestlé (M) Bhd topped the gainers list.
Hong Leong Bank fell 36 sen to RM22.34, followed by Fraser & Neave Holdings Bhd, which slipped 32 sen to RM26.58. United Plantations Bhd declined 30 sen to RM33.30.
Malaysia Smelting Corp Bhd dropped 21 sen to RM2.01, while Lysaght Galvanized Steel Bhd shed 20 sen to RM2.40.
On the positive side, Nestlé climbed 60 sen to RM103.50, making it the day’s top gainer, followed by Malaysian Pacific Industries Bhd, who advanced 34 sen to RM47.84, while UMS Integration Ltd gained 30 sen to RM8.45. Kee Ming Group Bhd rose 16 sen to RM2.29 and Genting Plantations Bhd added 13 sen to RM5.70.
Market breadth remained weak, with 603 counters unchanged, 1,082 untraded and 15 suspended.
Total turnover eased to 3.51 billion shares worth RM3.05 billion compared to 3.7 billion shares valued at RM3.27 billion on Aug 12.
