AGL 38.00 Decreased By ▼ -0.48 (-1.25%)
AIRLINK 191.00 Decreased By ▼ -12.02 (-5.92%)
BOP 9.21 Decreased By ▼ -0.96 (-9.44%)
CNERGY 5.83 Decreased By ▼ -0.71 (-10.86%)
DCL 8.60 Decreased By ▼ -0.98 (-10.23%)
DFML 36.20 Decreased By ▼ -3.82 (-9.55%)
DGKC 92.00 Decreased By ▼ -6.08 (-6.2%)
FCCL 33.90 Decreased By ▼ -1.06 (-3.03%)
FFBL 83.50 Decreased By ▼ -2.93 (-3.39%)
FFL 12.60 Decreased By ▼ -1.30 (-9.35%)
HUBC 119.01 Decreased By ▼ -12.56 (-9.55%)
HUMNL 13.50 Decreased By ▼ -0.52 (-3.71%)
KEL 5.20 Decreased By ▼ -0.41 (-7.31%)
KOSM 6.35 Decreased By ▼ -0.92 (-12.65%)
MLCF 42.00 Decreased By ▼ -3.59 (-7.87%)
NBP 59.74 Decreased By ▼ -6.64 (-10%)
OGDC 209.55 Decreased By ▼ -11.21 (-5.08%)
PAEL 36.75 Decreased By ▼ -1.73 (-4.5%)
PIBTL 8.01 Decreased By ▼ -0.90 (-10.1%)
PPL 188.10 Decreased By ▼ -9.78 (-4.94%)
PRL 37.65 Decreased By ▼ -1.38 (-3.54%)
PTC 23.20 Decreased By ▼ -2.27 (-8.91%)
SEARL 97.00 Decreased By ▼ -6.05 (-5.87%)
TELE 8.15 Decreased By ▼ -0.87 (-9.65%)
TOMCL 35.16 Decreased By ▼ -1.25 (-3.43%)
TPLP 13.47 Decreased By ▼ -0.28 (-2.04%)
TREET 22.61 Decreased By ▼ -2.51 (-9.99%)
TRG 52.45 Decreased By ▼ -5.59 (-9.63%)
UNITY 33.16 Decreased By ▼ -0.51 (-1.51%)
WTL 1.48 Decreased By ▼ -0.23 (-13.45%)
BR100 11,349 Decreased By -541.2 (-4.55%)
BR30 34,972 Decreased By -2384.1 (-6.38%)
KSE100 106,275 Decreased By -4795.3 (-4.32%)
KSE30 33,353 Decreased By -1555.7 (-4.46%)

Malaysian shares erased some of their initial losses but still ended 0.3 percent down on Friday, as investors took profit on blue chips like power firm Tenaga after the market hit a 4-1/2-year peak on Thursday. The key Kuala Lumpur Composite Index closed 2.8 points down at 917.17, off an intraday low of 914.61. It had opened higher, helped by another drop in oil prices, climbing to an early high of 920.56.
Malaysia International Shipping Corp rose as much as 1.4 percent after announcing the sale of 32 bulk vessels. The stock ended up 0.7 percent at 14.60 ringgit.
MISC said late on Thursday it had agreed to sell the vessels to a unit of Greece's Restis group for $740 million as it focused on more lucrative energy business.
MISC, the world's largest carrier of liquefied natural gas, said it would book a gain of $440 million from the sale. Top lender Maybank and power utility Tenaga both fell nearly one percent, accounting for almost half of the main index's decline.
Maybank fell 0.8 percent to 11.80 ringgit while Tenaga dropped 0.9 percent to 11.30 ringgit.

Copyright Reuters, 2004

Comments

Comments are closed.