KUALA LUMPUR (Jan 16): The FBM KLCI fell in early trade on Monday in line with regional markets that fell increasing worries that the mass sovereign debt rating cuts by Standard & Poor's would further aggravate euro zone funding difficulties and recapitalisation.
At 9.20am, the FBM KLCI lost 4.90 points to 1,518.17.
Losers led gainers by 144 to 110, while 162 counters traded unchanged. Volume was 180.6 million shares valued at RM60.89 million.
Among the early decliners were F&N, Bursa, BHIC, Jaya Tiasa, Petronas Chemicals, Genting, CBIP, Sime Darby and MRCB.
Meanwhile, PROTON HOLDINGS BHD [] and DRB-HICOM BHD [] in separate announcements on Monday said they had requested for a trading halt in their securities pending a material announcement.
Proton said it had requested for a one-day trading halt on Jan 16 pending an announcement of a material corporate transaction to be made by its major shareholder Khazanah Nasional Bhd.
Meanwhile DRB-Hicom, which said it would be “proposing a corporate exercise involving a very substantial transaction” also requested for a one-day trading halt on Monday.
At 9.20am, the FBM KLCI lost 4.90 points to 1,518.17.
Losers led gainers by 144 to 110, while 162 counters traded unchanged. Volume was 180.6 million shares valued at RM60.89 million.
Among the early decliners were F&N, Bursa, BHIC, Jaya Tiasa, Petronas Chemicals, Genting, CBIP, Sime Darby and MRCB.
Meanwhile, PROTON HOLDINGS BHD [] and DRB-HICOM BHD [] in separate announcements on Monday said they had requested for a trading halt in their securities pending a material announcement.
Proton said it had requested for a one-day trading halt on Jan 16 pending an announcement of a material corporate transaction to be made by its major shareholder Khazanah Nasional Bhd.
Meanwhile DRB-Hicom, which said it would be “proposing a corporate exercise involving a very substantial transaction” also requested for a one-day trading halt on Monday.
