KUALA LUMPUR (Nov 24): The FBM KLCI extended its losses in early trade on Thursday in line with the overnight slump at Wall Street and the weaker opening at key regional markets.
Asian shares fell on Thursday and the euro struggled close to a seven-week low to the dollar after a botched German bond sale raised alarm that Europe's ever-worsening sovereign debt crisis is starting to affect even the continent's economic powerhouse, according to Reuters.
The FBM KLCI fell 4.13 points to 1,429.04 at 9.10am, weighed by losses at key blue chips.
Losers led gainers by 153 to 75, while 108 counters traded unchanged. Volume was 90.84 million shares valued at RM29.27 million.
Among the early decliners were BAT, Petronas Dagangan, MISC, KNM, UMW, Faber, Sime Darby, Genting, AirAsia and IJM PLANTATION []s.
Asian shares fell on Thursday and the euro struggled close to a seven-week low to the dollar after a botched German bond sale raised alarm that Europe's ever-worsening sovereign debt crisis is starting to affect even the continent's economic powerhouse, according to Reuters.
The FBM KLCI fell 4.13 points to 1,429.04 at 9.10am, weighed by losses at key blue chips.
Losers led gainers by 153 to 75, while 108 counters traded unchanged. Volume was 90.84 million shares valued at RM29.27 million.
Among the early decliners were BAT, Petronas Dagangan, MISC, KNM, UMW, Faber, Sime Darby, Genting, AirAsia and IJM PLANTATION []s.
