KUALA LUMPUR (Nov 15): Asian markets mostly ended lower on Tuesday, Nov 15 while European equities fell as relief from the formation of technocrat-led governments in Italy and Greece fizzled out.
The decline in Europe came about as investors’ renewed selling of Italian and Spanish bonds, while a sharp rise in French yields pointed to a growing risk that the two-year debt crisis may spread to one of the region's big two economies, according to Reuters.
The FBM KLCI closed 1.65 points lower at 1,477.22.
Gainers beat losers by 466 to 341, while 258 counters traded unchanged. Volume was 2.98 billion shares valued at RM1.55 billion.
At the regional markets, Hong Kong’s Hang Seng Index fell 0.82% to 19,348.44, South Korea’s Kospi lost 0.88% to 1,886.12, Japan’s Nikkei 225 was down 0.72% to 8,541.93, Singapore’s Straits Times Index fell 0.66% to 2,811.58 and Taiwan’s Taiex shed 0.46% to 7,491.06.
Meanwhile, the Shanghai Composite Index edged up 0.04% to 2,529.76.
At Bursa Malaysia, Warisan was the top loser and fell 33 sen to RM2.27; TSH lost 30 sen to RM3.50, SYF Resources down 17 sen to 75 sen, Cycle & Carriage 13 sen to RM3.14, KAF and Ekovest 11 sen each to RM1.32 and RM2.56, PPB 10 sen to RM16.80 while JT International shed nine sen to RM6.30.
Among the gainers, BAT rose 72 sen to RM46.70, Proton 51 sen to RM3.12, DiGi 48 sen to RM35, Nestle 40 sen to RM49.40, Dutch Lady 30 sen to RM21.80, Kulim 22 sen to RM3.69, SOP 21 sen to RM4.48, Malayan Flour Mills 19 sen to RM7.78, and Amway 18 sen to RM8.98.
Tiger Synergy was the most actively traded counter with 217 million shares done. The stock was unchanged at 13.5 sen.
Other actives included DPS Resources, Malton, DBE Gurney, Asiapac and Karambunai.
The decline in Europe came about as investors’ renewed selling of Italian and Spanish bonds, while a sharp rise in French yields pointed to a growing risk that the two-year debt crisis may spread to one of the region's big two economies, according to Reuters.
The FBM KLCI closed 1.65 points lower at 1,477.22.
Gainers beat losers by 466 to 341, while 258 counters traded unchanged. Volume was 2.98 billion shares valued at RM1.55 billion.
At the regional markets, Hong Kong’s Hang Seng Index fell 0.82% to 19,348.44, South Korea’s Kospi lost 0.88% to 1,886.12, Japan’s Nikkei 225 was down 0.72% to 8,541.93, Singapore’s Straits Times Index fell 0.66% to 2,811.58 and Taiwan’s Taiex shed 0.46% to 7,491.06.
Meanwhile, the Shanghai Composite Index edged up 0.04% to 2,529.76.
At Bursa Malaysia, Warisan was the top loser and fell 33 sen to RM2.27; TSH lost 30 sen to RM3.50, SYF Resources down 17 sen to 75 sen, Cycle & Carriage 13 sen to RM3.14, KAF and Ekovest 11 sen each to RM1.32 and RM2.56, PPB 10 sen to RM16.80 while JT International shed nine sen to RM6.30.
Among the gainers, BAT rose 72 sen to RM46.70, Proton 51 sen to RM3.12, DiGi 48 sen to RM35, Nestle 40 sen to RM49.40, Dutch Lady 30 sen to RM21.80, Kulim 22 sen to RM3.69, SOP 21 sen to RM4.48, Malayan Flour Mills 19 sen to RM7.78, and Amway 18 sen to RM8.98.
Tiger Synergy was the most actively traded counter with 217 million shares done. The stock was unchanged at 13.5 sen.
Other actives included DPS Resources, Malton, DBE Gurney, Asiapac and Karambunai.
