KUALA LUMPUR (Nov 25): The FBM KLCI extended its losses at the mid-day break on Friday as key regional markets mostly remained in negative territory, as investor sentiment continued to be jittery on concerns of a wider impact from the eurozone debt crisis.
Asian markets fell as statements by German and French officials convinced markets that leaders were no closer to a consensus on how to contain the euro-zone debt crisis, according to Reuters.
The FBM KLCI lost 13.56 points to 1,434.43 at 12.30pm, weighed by losses at blue chips including Genting, Axiata and Petronas Gas.
Losers led gainers by 372 to 222, while 264 counters traded unchanged. Volume was 889.02 million shares valued at RM480.66 million.
The ringgit weakened 0.23% to 3.1933 versus the US dollar; crude palm oil futures for the third month delivery fell RM3 per tonne to RM3,105, crude oil added 47 cents per barrel to US$96.64 while gold slipped US$1.63 an ounce to US$1,692.70.
At the regional markets, Hong Kong’s Hang Seng Index fell 1.29% to 17,704.54, Taiwan’s Taiex lost 1.62% to 6,753.47, South Korea’s Kospi was down 1.35% to 1,770.89, Singapore’s Straits Times Index fell 1.08% to 2,648.24 and the Shanghai Composite Index shed 0.39% to 2,388.86.
Meanwhile, Japan’s Nikkei 225 edged up 0.03% to 8,167.25.
On Bursa Malaysia, Nestle, Milux and Genting lost 20 sen each to RM50.40, RM1.05 and RM10.08 respectively, Tradewinds fell 10 sen to RM9.30, PPB and MNRB down 18 sen each to RM16.08 and RM2.68, MMHE 16 sen to RM5.70, while Axiata and Petronas Gas fell 14 sen each to RM4.82 and RM13.12.
Among the gainers, Hong Leong Bank added 22 sen to RM10.42, F&N up 20 sen to RM17.90, TDM 19 sen to RM3.48, Knusford 16 sen to RM1.95, Supermax nine sen to RM3.51, while OIB, Batu Kawan and Tecnic added eight sen each to RM1.39, RM16.60 and RM2.80, respectively.
The actives included MUI Industries, Sumatec, JCY shares and warrants, MBF Holdings warrants and Emico.
Asian markets fell as statements by German and French officials convinced markets that leaders were no closer to a consensus on how to contain the euro-zone debt crisis, according to Reuters.
The FBM KLCI lost 13.56 points to 1,434.43 at 12.30pm, weighed by losses at blue chips including Genting, Axiata and Petronas Gas.
Losers led gainers by 372 to 222, while 264 counters traded unchanged. Volume was 889.02 million shares valued at RM480.66 million.
The ringgit weakened 0.23% to 3.1933 versus the US dollar; crude palm oil futures for the third month delivery fell RM3 per tonne to RM3,105, crude oil added 47 cents per barrel to US$96.64 while gold slipped US$1.63 an ounce to US$1,692.70.
At the regional markets, Hong Kong’s Hang Seng Index fell 1.29% to 17,704.54, Taiwan’s Taiex lost 1.62% to 6,753.47, South Korea’s Kospi was down 1.35% to 1,770.89, Singapore’s Straits Times Index fell 1.08% to 2,648.24 and the Shanghai Composite Index shed 0.39% to 2,388.86.
Meanwhile, Japan’s Nikkei 225 edged up 0.03% to 8,167.25.
On Bursa Malaysia, Nestle, Milux and Genting lost 20 sen each to RM50.40, RM1.05 and RM10.08 respectively, Tradewinds fell 10 sen to RM9.30, PPB and MNRB down 18 sen each to RM16.08 and RM2.68, MMHE 16 sen to RM5.70, while Axiata and Petronas Gas fell 14 sen each to RM4.82 and RM13.12.
Among the gainers, Hong Leong Bank added 22 sen to RM10.42, F&N up 20 sen to RM17.90, TDM 19 sen to RM3.48, Knusford 16 sen to RM1.95, Supermax nine sen to RM3.51, while OIB, Batu Kawan and Tecnic added eight sen each to RM1.39, RM16.60 and RM2.80, respectively.
The actives included MUI Industries, Sumatec, JCY shares and warrants, MBF Holdings warrants and Emico.
