KUALA LUMPUR (Nov 18): Growing fears of deepening funding difficulties in Europe that has kept Asian equity markets for four days in a row sent the FBM KLCI lower at the mid-day break on Friday, Nov 18.
The FBM KLCI fell 2.84 points to 1,462.63 at 12.30pm, with losses at select blue chips as investors stayed on the sidelines ahead of the weekend.
Gainers trailed losers by 164 to 471, while 248 counters traded unchanged. Volume was 763.77 million shares valued at RM562.01 million.
The ringgit weakened 0.15% to 3.1630 versus the US dollar; crude palm oil futures for third month delivery rose RM16 per tonne to RM3,228, crude oil fell 27 cents per barrel to US$98.55 while gold added US$2.33 an ounce to US$1,724.10.
At the regional markets, South Korea’s Kospi fell 2.02% to 1,838.73, Hong Kong’s Hang Seng Index lost 1.81% to 18,476.24, Taiwan’s Taiex was down 1.67% to 7,264.65, the Shanghai Composite Index lost 1.35% to 2,429.86, Japan’s Nikkei 225 fell 1.25% to 8,373.52 and Singapore’s Straits Times Index shed 1.14% to 2,746.69.
On Bursa Malaysia, HLFG was the top loser this morning and fell 20 sen to RM11.36; Kluang, Ibraco, Public Bank, AIC and UMW lost 10 sen each to RM2.50, RM1.27, RM12.58, RM1.16 and RM6.50 respectively, Aeon Credit, MISC and TDM lost nine sen each to RM5.56, RM6.60 and RM3.27 respectively, while Edaran fell 8.5 sen to 31 sen.
Frontken was the most actively traded counter with 44.8 million shares done. The stock fell half a sen to 13.5 sen.
Other actives included Compugates, Extol, DPS Resources, SAAG, Envair and SYF Resources.
Among the gainers, BAT rose 32 sen to RM46.62, Fima Corp 30 sen to RM6.10, Tradewinds and Harvest Court 16 sen each to RM9.19 and RM1.20, Tradewinds PLANTATION []s 14 sen to RM3.74, DiGi 12 sen to RM34.94, Ewein 9.5 sen to RM1.06, Ekovest nine sen to RM2.70 while KrisAssets added eight sen to RM4.38.
The FBM KLCI fell 2.84 points to 1,462.63 at 12.30pm, with losses at select blue chips as investors stayed on the sidelines ahead of the weekend.
Gainers trailed losers by 164 to 471, while 248 counters traded unchanged. Volume was 763.77 million shares valued at RM562.01 million.
The ringgit weakened 0.15% to 3.1630 versus the US dollar; crude palm oil futures for third month delivery rose RM16 per tonne to RM3,228, crude oil fell 27 cents per barrel to US$98.55 while gold added US$2.33 an ounce to US$1,724.10.
At the regional markets, South Korea’s Kospi fell 2.02% to 1,838.73, Hong Kong’s Hang Seng Index lost 1.81% to 18,476.24, Taiwan’s Taiex was down 1.67% to 7,264.65, the Shanghai Composite Index lost 1.35% to 2,429.86, Japan’s Nikkei 225 fell 1.25% to 8,373.52 and Singapore’s Straits Times Index shed 1.14% to 2,746.69.
On Bursa Malaysia, HLFG was the top loser this morning and fell 20 sen to RM11.36; Kluang, Ibraco, Public Bank, AIC and UMW lost 10 sen each to RM2.50, RM1.27, RM12.58, RM1.16 and RM6.50 respectively, Aeon Credit, MISC and TDM lost nine sen each to RM5.56, RM6.60 and RM3.27 respectively, while Edaran fell 8.5 sen to 31 sen.
Frontken was the most actively traded counter with 44.8 million shares done. The stock fell half a sen to 13.5 sen.
Other actives included Compugates, Extol, DPS Resources, SAAG, Envair and SYF Resources.
Among the gainers, BAT rose 32 sen to RM46.62, Fima Corp 30 sen to RM6.10, Tradewinds and Harvest Court 16 sen each to RM9.19 and RM1.20, Tradewinds PLANTATION []s 14 sen to RM3.74, DiGi 12 sen to RM34.94, Ewein 9.5 sen to RM1.06, Ekovest nine sen to RM2.70 while KrisAssets added eight sen to RM4.38.
