KLCI ends lower despite positive market breadth

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At 5pm, the benchmark index closed 1.06 points, or 0.07% lower at 1,498.39, its intraday high.

Market breadth turned positive as gainers outpaced decliners on a ratio of 564-to-359 stocks. Traded volumes stood at 3.75 billion shares valued at RM2.03bil.Among the KLCI constituents, PETRONAS Dagangan fell 30 sen to RM22.70, Nestle eased 10 sen to RM135.10, Dialog lost eight sen to RM2.65 and CIMB declined six sen to RM5.72.

Kuala Lumpur Kepong gained 28 sen to RM21.56, Hong Leong Bank added 12 sen to RM20.88, Maxis rose 12 sen to RM4.08 and Digi climbed eight sen to RM4.26. On the broader market, Heineken eased RM1.16 to RM26.68, Carlsberg fell 26 sen to RM23.18 and Ajinomoto lost 16 sen to RM14.rose 28 sen to RM34 and F&N added 18 sen to RM24.08.

Elsewhere in the region, Japan’s Nikkei Stock Average fell 0.12%, Hong Kong’s Hang Seng Index rose 2.37%, South Korea’s Kospi rose 1.65% and Singapore’s Straits Times Index added 0.7%.

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