Bursa M'sia opens mixed

KUALA LUMPUR: Bursa Malaysia opened mixed today in tracking the lacklustre performance of Asian peers on lack of catalysts, and following the closure of bourses in China and the United States for holidays, dealers said.
At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.10 of a point lower at 1,857.20, after opening 1.94 points lower at 1,855.38 from Monday's close of 1,857.32.
On broader market, gainers led losers 138 to 70, while 190 counters were unchanged, 1,494 untraded and 27 others suspended.
Turnover stood at 127.65 million shares worth RM54.73 million.
A dealer said Asian stocks were lower in the early session, in also taking cue from European stocks which came off the boil, following the recovery over the past few sessions.
"The market is lacking direction with the closure in the US and China, while keeping activity light and sentiment subdued," he added.
Among heavyweights, Tenaga and Petronas Chemicals fell four sen each to RM15.70 and RM8.06 respectively, Public Bank increased 18 sen to RM22.16, CIMB gained four sen to RM7.13, while Maybank was flat at RM10.14.
Of the active counters, PUC and Sino Hua-An shed half-a-sen each at 28.5 sen and 56.5 sen respectively, while Hibiscus warrant and UMW Oil & Gas were flat at nine sen and 33.5 sen.
The FBM Emas Index rose 6.96 points to 13,273.96, the FBMT 100 Index was up 2.08 points to 12,971.67, the FBM 70 added 12 points to 16,317.29 and the FBM Ace gained 16.25 points to 6,424.85.
The FBM Emas Shariah Index slipped 16.45 points to 13,588.27.
Sector-wise, the Finance Index was 61.56 points higher at 17,841.78 and the Plantation Index rose 4.92 points to 8,053.03, while the Industrial Index eased 0.05 of a point to 3,278.19.
The physical price of gold as at 9.30am stood at RM162.57/g, down 38 sen from RM162.95 at 5.00pm yesterday. — Bernama