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Bursa Malaysia extended its downtrend at mid-day today on lack of support for heavyweight stocks as sentiment was in tandem with regional Asian peers, dealers said.
At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.24 points lower at 1,639.51 from Thursday's close of 1,643.75.
The key index opened 1.90 points lower at 1,641.85 and moved between 1,636.61 and 1,641.85 during the morning session.
On the broader market, gainers led losers 311 to 264 while 338 counters remained unchanged, 787 untraded and 24 others were suspended.
Turnover stood at 672.94 million shares worth RM531.31 million.
Asian markets were mostly lower mid-day with Hong Kong's Hang Seng down 0.28 per cent at 22,797.94, South Korea's Kospi eased 0.40 per cent to 2,022.91 and Singapore's Straits Times declined 0.24 per cent to 2,951.79.
A dealer said the mixed market sentiment was due to the upward momentum in oil prices, however, news that the European Central Bank
had reduced the bugdet for its bond purchase programme offset the positive sentiment in the market.
Of heavyweights, Maybank added one sen to RM7.91 but TNB and Public Bank reduced two sen each to RM 13.98 and RM19.60, respectively, and Petronas Chemicals lost one sen to RM6.89.
Among actives, APFT was flat at 3.5 sen, AirAsia X and its call warrant, both improved half-a-sen to 37.5 sen and five sen, respectively, while Gadang warrant slipped half-a-sen to 24 sen.
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