KUALA LUMPUR (Jan 12): The FBM KLCI hovered in positive territory at the mid-day break on Thursday as most key regional markets turned negative ahead of a Spanish debt sale that is seen as a key test of confidence.
Also, the European Central Bank and Bank of England are scheduled to announce their respective interest rates.
Regional investors have been more risk averse in recent days as lingering concerns over the eurozone debt crisis has sapped confidence among punters.
At the mid-day break, the FBM KLCI edged up a mere 0.03 of a point to 1,522.32.
Losers overtook gainers by 365 to 275, while 313 counters traded unchanged. Volume was 781.28 million shares valued at RM680.04 million.
The ringgit weakened 0.11% to 3.1423 versus the US dollar; crude palm oil futures for the third month delivery fell RM26 per tonne to RM3,202, crude oil gained 34 cents per barrel to US$101.21 while gold added US$1.05 an ounce to US$1,643.03.
At the regional markets, Japan’s Nikkei 225 fell 0.92% to 8,370.14, Hong Kong’s Hang Seng Index shed 0.12% to 19,128.80, the Shanghai Composite Index was down 0.15% to 2,272.63, and Taiwan’s Taiex lost 0.10% to 7,181.34.
Meanwhile, Singapore’s Straits Times Index was up 0.24% to 2,753.61 and South Korea’s Kospi gained 0.18% to 1,848.84.
Among the gainers on Bursa Malaysia, Proton rose 17 sen to RM5.45 with 9.98 million shares done. The national carmaker has been in the limelight in recent weeks on various reports of interested parties bidding for Khazanah Nasional Bhd’s controlling stake in the company.
Other gainers included Pos Malaysia that rose 14 sen to RM2.71, Bursa 13 sen to RM6.99, Southern Acids 12 sen to RM2.29, Esso and Can-One 11 sen each to RM3.67 and RM1.76, Kulim 10 sen to RM4.41, while Malayan Flour Mills and Hibiscus added nine sen each to RM7.49 and RM1.11.
GAB was the top loser this morning and fell 32 sen to RM12; Carlsberg lost 22 sen to RM8.54, Dutch Lady 20 sen to RM26, KLK 18 sen to RM24.50, New Hoong Fatt 14 sen to RM2.30, Nestle and Batu Kawan lost 12 sen each to RM55.80 and RM18.74, while BAT fell 10 sen to RM49.86.
The actives included Proton, Pos, Hibiscus, Bursa and OSK.
Also, the European Central Bank and Bank of England are scheduled to announce their respective interest rates.
Regional investors have been more risk averse in recent days as lingering concerns over the eurozone debt crisis has sapped confidence among punters.
At the mid-day break, the FBM KLCI edged up a mere 0.03 of a point to 1,522.32.
Losers overtook gainers by 365 to 275, while 313 counters traded unchanged. Volume was 781.28 million shares valued at RM680.04 million.
The ringgit weakened 0.11% to 3.1423 versus the US dollar; crude palm oil futures for the third month delivery fell RM26 per tonne to RM3,202, crude oil gained 34 cents per barrel to US$101.21 while gold added US$1.05 an ounce to US$1,643.03.
At the regional markets, Japan’s Nikkei 225 fell 0.92% to 8,370.14, Hong Kong’s Hang Seng Index shed 0.12% to 19,128.80, the Shanghai Composite Index was down 0.15% to 2,272.63, and Taiwan’s Taiex lost 0.10% to 7,181.34.
Meanwhile, Singapore’s Straits Times Index was up 0.24% to 2,753.61 and South Korea’s Kospi gained 0.18% to 1,848.84.
Among the gainers on Bursa Malaysia, Proton rose 17 sen to RM5.45 with 9.98 million shares done. The national carmaker has been in the limelight in recent weeks on various reports of interested parties bidding for Khazanah Nasional Bhd’s controlling stake in the company.
Other gainers included Pos Malaysia that rose 14 sen to RM2.71, Bursa 13 sen to RM6.99, Southern Acids 12 sen to RM2.29, Esso and Can-One 11 sen each to RM3.67 and RM1.76, Kulim 10 sen to RM4.41, while Malayan Flour Mills and Hibiscus added nine sen each to RM7.49 and RM1.11.
GAB was the top loser this morning and fell 32 sen to RM12; Carlsberg lost 22 sen to RM8.54, Dutch Lady 20 sen to RM26, KLK 18 sen to RM24.50, New Hoong Fatt 14 sen to RM2.30, Nestle and Batu Kawan lost 12 sen each to RM55.80 and RM18.74, while BAT fell 10 sen to RM49.86.
The actives included Proton, Pos, Hibiscus, Bursa and OSK.
