Markets  |  FEBRUARY 18, 2013 7:29AM

Bursa-Midday: Share prices stay lower at mid-day

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BURSA-generic----noon-closeBernama — Share prices on Bursa Malaysia stayed lower at the end of the morning session today on continuous selling activities mostly of heavyweights, dealers said.

As at 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 3.69 points to 1,624.24 compared to Friday’s closing of 1,627.93.

The benchmark index, which opened at 1,629.35, moved between 1,629.91 and 1,623.37 during the whole trading session.

Meanwhile, most of the regional bourses rebounded with Japan’s Nikkei 225 surging 267.14 points to 11,440.97, Singapore’s Straits Times rising 2.21 points to 3,285.28 while Hong Kong’s Hang Seng lost 83.27 points to 23,361.29.

On the local front, the Finance Index dropped 63.649 points to 14,868.69, the Industrial Index shed 4.22 points to 2,789.42 and the Plantation Index slipped 15.4 points to 7,953.56.

The FBM Emas Index was 29.55 points lower at 11,039.48, the FBMT100 fell 28.12 points to 10,891.42, the FBM Mid 70 Index lost 46.609 points to 11,986.19 and the FBM Ace Index slipped 14.3 points to 4,056.64.

Decliners led advancers by 329 to 137 with 271 counters unchanged, 906 untraded and 16 others suspended.

Volume remained thin at 379.541 million shares worth RM305.52 million.

Of the top actives, Compugates was unchanged at 9.5 sen while GPRO Technologies and Metronic shed half a sen to 9.5 sen.

Among heavyweights, Maybank eased two sen to RM8.89, Sime Darby and Axiata edged down one sen each to RM9.23 and RM6.29 respectively and CIMB lost five sen to RM7.03.

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