KUALA LUMPUR (Nov 16): The FBM KLCI pared down some of its gains at mid-morning on Wednesday, Nov 16 in line with the lackluster sentiment at most key regional markets.
Asian shares struggled on Wednesday as signs that rising borrowing costs were affecting AAA-rated France stirred fears that even core euro zone members may not escape contagion from the region's debt crisis, according to Reuters.
The FBM KLCI was up 4.93 points to 1,482.15 at mid-morning, lifted by gains at select blue chips. The index had earlier risen to a high of 1,487.37.
Gainers led losers by 309 to 159, while 237 counters traded unchanged. Volume was 603.83 million shares valued at RM291.7 million.
At the regional markets, Japan’s Nikkei 225 shed 0.03% to 8,539.07, Hong Kong’s Hang Seng Index fell 0.18% to 19,313.20, the Shanghai Composite Index lost 0.37% to 2,520.45 and Taiwan’s Taiex shed 0.10% t0 7,483.84.
Meanwhile, South Korea’s Kospi gained 1.06% to 1,906.16 and Singapore’s Straits Times Index added 0.45% to 2,824.18.
On Bursa Malaysia, Dutch Lady was the top gainer at mid-morning and rose 50 sen to RM22.30; DiGi added 46 sen to RM35.08, Proton 30 sen to RM3.51, NSOP 18 sen to RM5.49, Maybank 17 sen to RM8.44, Genting 16 sen to RM10.96, PPB and Armada 14 sen each to RM16.94 and RM3.97, while IJM Corp and TDM rose 13 sen each to RM6.14 and RM3.11.
Tiger Synergy was the most actively traded counter with 32.3 million shares done. The stock added half a sen to 14 sen.
Other actives included Asia EP, Tricubes, Systech, DPS Resources and Ingenuity Solutions.
Harvest Court, which resumed trade this morning was the top loser and fell 63 sen to RM1.50.
Other losers included BAT, Shell, Malayan Flour Mills, Petronas Chemicals, BHIC and Lafarge Malayan Cement.
Asian shares struggled on Wednesday as signs that rising borrowing costs were affecting AAA-rated France stirred fears that even core euro zone members may not escape contagion from the region's debt crisis, according to Reuters.
The FBM KLCI was up 4.93 points to 1,482.15 at mid-morning, lifted by gains at select blue chips. The index had earlier risen to a high of 1,487.37.
Gainers led losers by 309 to 159, while 237 counters traded unchanged. Volume was 603.83 million shares valued at RM291.7 million.
At the regional markets, Japan’s Nikkei 225 shed 0.03% to 8,539.07, Hong Kong’s Hang Seng Index fell 0.18% to 19,313.20, the Shanghai Composite Index lost 0.37% to 2,520.45 and Taiwan’s Taiex shed 0.10% t0 7,483.84.
Meanwhile, South Korea’s Kospi gained 1.06% to 1,906.16 and Singapore’s Straits Times Index added 0.45% to 2,824.18.
On Bursa Malaysia, Dutch Lady was the top gainer at mid-morning and rose 50 sen to RM22.30; DiGi added 46 sen to RM35.08, Proton 30 sen to RM3.51, NSOP 18 sen to RM5.49, Maybank 17 sen to RM8.44, Genting 16 sen to RM10.96, PPB and Armada 14 sen each to RM16.94 and RM3.97, while IJM Corp and TDM rose 13 sen each to RM6.14 and RM3.11.
Tiger Synergy was the most actively traded counter with 32.3 million shares done. The stock added half a sen to 14 sen.
Other actives included Asia EP, Tricubes, Systech, DPS Resources and Ingenuity Solutions.
Harvest Court, which resumed trade this morning was the top loser and fell 63 sen to RM1.50.
Other losers included BAT, Shell, Malayan Flour Mills, Petronas Chemicals, BHIC and Lafarge Malayan Cement.
