KUALA LUMPUR (Dec 19): The death of North Korea’s leader Kim Jong-il that was announced by the reclusive republic’s state television on Monday rattled already jittery Asian markets worried over the eurozone debt crisis.
Seoul shares extended their fall to nearly 5% on Monday after North Korea's state television reported that North Korean leader Kim Jong-il had died on Saturday, according to Reuters.
Trading on Bursa Malaysia was also choppy with the FBM KLCI struggling to stay in positive territory. At the mid-day break, the FBM KLCI was down 0.93 point to 1,465.39. Market breadth was negative with 403 losers and 201 gainers, while 249 counters traded unchanged. Volume was 886.79 million shares valued at RM458.08 million.
The ringgit weakened 0.05% to 3.1793; crude palm oil futures for the third month delivery rose RM6 per tonne to RM2,990, crude oil shed 63 cents per barrel to US$92.90 and gold lost US$10.25 an ounce to US$1,588.70.
At the regional markets, South Korea’s Kospi fell 3.54% to 1,774.81, the Shanghai Composite Index lost 2.57% to 2,167.68, Hong Kong’s Hang Seng Index down 2.47% to 17,833.42, Taiwan’s Taiex lost 2.03% to 6,647.26, Singapore’s Straits Times Index fell 1.65% to 2,615.26 and Japan’s Nikkei 225 shed 1.12% to 8,307.81.
On Bursa Malaysia, Dutch Lady fell 78 sen to RM23.66, F&N lost 36 sen to RM18, Carlsberg 27 sen to RM8.39, KrisAssets and Batu Kawan fell 26 sen to RM5.62 and RM17.10, LPI Capital and GAB fell 20 sen each to RM13.20 each respectively, while JT International and United PLANTATION []s lost 16 sen each to RM6.78 and RM18.34.
Utopia was the most actively traded counter with 69.97 million shares done. The stock rose 1.5 sen to 11.5 sen.
Other actives included Wijaya, JCY, Versatile, Flonic, Kurnia Asia and Boustead.
Gainers at mid-day included Nestle, Amway, Petronas Gas, Boustead, Far East, NSOP, Gamuda, Perstima, KLK and Suiwah.
Seoul shares extended their fall to nearly 5% on Monday after North Korea's state television reported that North Korean leader Kim Jong-il had died on Saturday, according to Reuters.
Trading on Bursa Malaysia was also choppy with the FBM KLCI struggling to stay in positive territory. At the mid-day break, the FBM KLCI was down 0.93 point to 1,465.39. Market breadth was negative with 403 losers and 201 gainers, while 249 counters traded unchanged. Volume was 886.79 million shares valued at RM458.08 million.
The ringgit weakened 0.05% to 3.1793; crude palm oil futures for the third month delivery rose RM6 per tonne to RM2,990, crude oil shed 63 cents per barrel to US$92.90 and gold lost US$10.25 an ounce to US$1,588.70.
At the regional markets, South Korea’s Kospi fell 3.54% to 1,774.81, the Shanghai Composite Index lost 2.57% to 2,167.68, Hong Kong’s Hang Seng Index down 2.47% to 17,833.42, Taiwan’s Taiex lost 2.03% to 6,647.26, Singapore’s Straits Times Index fell 1.65% to 2,615.26 and Japan’s Nikkei 225 shed 1.12% to 8,307.81.
On Bursa Malaysia, Dutch Lady fell 78 sen to RM23.66, F&N lost 36 sen to RM18, Carlsberg 27 sen to RM8.39, KrisAssets and Batu Kawan fell 26 sen to RM5.62 and RM17.10, LPI Capital and GAB fell 20 sen each to RM13.20 each respectively, while JT International and United PLANTATION []s lost 16 sen each to RM6.78 and RM18.34.
Utopia was the most actively traded counter with 69.97 million shares done. The stock rose 1.5 sen to 11.5 sen.
Other actives included Wijaya, JCY, Versatile, Flonic, Kurnia Asia and Boustead.
Gainers at mid-day included Nestle, Amway, Petronas Gas, Boustead, Far East, NSOP, Gamuda, Perstima, KLK and Suiwah.
