Bursa Malaysia in the red across the board

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KUALA LUMPUR (May 6): The FTSE Bursa Malaysia KLCI (FBM KLCI) was still in the red across the board at mid-afternoon, led by continuous selling in consumer products such as Nestle, which dropped RM1.70 to RM144.80.

At 3 pm the index went down by 13.06 points to 1,624.24 after opening 5.26 points weaker at 1,632.04.

Losers beat gainers 793 to 107, with 278 counters unchanged, 727 untraded and 33 others suspended.

Turnover stood at 1.93 billion shares worth RM1.02 billion.

Among the heavyweights, Maybank fell three sen to RM9.23, Public Bank declined 10 sen to RM22.44,  Petronas Chemicals erased 18 sen to RM12.02 while CIMB was four sen weaker at RM5.20.

Of the actively-traded stocks, Ekovest shed 3.5 sen to 92 sen, Priceworth and Bumi Armada slipped half-a-sen each to seven sen and 21.5 sen, respectively and PUC was flat at nine sen.

The FBM Emas Index declined 120.30 points to 11,491.46, the FBMT 100 Index was 109.57 points weaker at 11,322.39 and the FBM Emas Shariah Index was down 153.85 points at 11,625.92.

The FBM 70 depreciated 213.22 points to 14,308.17 and the FBM Ace lost 161.78 points to 4,484.25.

Sector-wise, the Financial Services Index fell 98.47 points to 16,834.46 and the Plantation Index slipped 9.49 points to 7,192.38 and the Industrial Products & Services Index was 2.69 points lower at 166.65.