KUALA LUMPUR (Jan 10): The FBM KLCI lagged behind the regional markets and remained in negative territory at the mid-day break on Tuesday, weighed down by select blue chips, with GENTING BHD [] among the major decliners
Asian shares and the euro rose on Tuesday, but concerns over funding of euro zone sovereigns ahead of key auctions this week and of the debt crisis spilling into the wider financial system kept investors cautious about taking riskier positions, according to Reuters.
The FBM KLCI was down 1.58 points to 1,520.15 at the mid-day break. The broader market displayed signs of caution, with losers beating gainers by 352 to 274, while 329 counters traded unchanged. Volume was 955.36 million shares valued at RM788.27 million.
The ringgit strengthened 0.43% to 3.1389 versus the US dollar; crude palm oil futures for the third month delivery added RM11 to RM3,221, crude oil rose 37 cents to US$101.68 while gold gained US$4.25 an ounce to US$1,615.82.
At the regional markets, Japan’s Nikkei 225 was up 0.41% to 8,424.49, Hong Kong’s Hang Seng Index added 0.55% to 18,969.75, the Shanghai Composite Index rose 1.53% to 2,259.88, Taiwan’s Taiex added 1.05% to 7,167.20, South Korea’s Kospi up 1.61% to 1,855.97 and Singapore’s Straits Times Index gained 0.93% to 2,716.18.
On Bursa Malaysia, Genting fell 20 sen to RM10.94, Lafarge Malayan Cement down 19 sen to RM6.71, Ta Ann and BHIC lost 12 sen each to RM5.48 and RM3.67, Nestle, Genting PLANTATION []s, GAB and Tradewinds down 10 sen each to RM55.90, RM8.80, RM12.50 and RM9.68 respectively, KLCCP eight sen to RM3.30 while Goldis fell seven sen to RM1.78.
Takaso was the most actively traded counter this morning with 58.4 million shares done. The stock gained 1.5 sen to 25.5 sen.
Other actives included JCY, KHSB, Versatile, Maybulk and Coastal warrants.
Gainers included Dutch Lady, Cepco, United Plantations, Petronas Gas, KLK, Harvest Court, F&N and Maybulk.
Asian shares and the euro rose on Tuesday, but concerns over funding of euro zone sovereigns ahead of key auctions this week and of the debt crisis spilling into the wider financial system kept investors cautious about taking riskier positions, according to Reuters.
The FBM KLCI was down 1.58 points to 1,520.15 at the mid-day break. The broader market displayed signs of caution, with losers beating gainers by 352 to 274, while 329 counters traded unchanged. Volume was 955.36 million shares valued at RM788.27 million.
The ringgit strengthened 0.43% to 3.1389 versus the US dollar; crude palm oil futures for the third month delivery added RM11 to RM3,221, crude oil rose 37 cents to US$101.68 while gold gained US$4.25 an ounce to US$1,615.82.
At the regional markets, Japan’s Nikkei 225 was up 0.41% to 8,424.49, Hong Kong’s Hang Seng Index added 0.55% to 18,969.75, the Shanghai Composite Index rose 1.53% to 2,259.88, Taiwan’s Taiex added 1.05% to 7,167.20, South Korea’s Kospi up 1.61% to 1,855.97 and Singapore’s Straits Times Index gained 0.93% to 2,716.18.
On Bursa Malaysia, Genting fell 20 sen to RM10.94, Lafarge Malayan Cement down 19 sen to RM6.71, Ta Ann and BHIC lost 12 sen each to RM5.48 and RM3.67, Nestle, Genting PLANTATION []s, GAB and Tradewinds down 10 sen each to RM55.90, RM8.80, RM12.50 and RM9.68 respectively, KLCCP eight sen to RM3.30 while Goldis fell seven sen to RM1.78.
Takaso was the most actively traded counter this morning with 58.4 million shares done. The stock gained 1.5 sen to 25.5 sen.
Other actives included JCY, KHSB, Versatile, Maybulk and Coastal warrants.
Gainers included Dutch Lady, Cepco, United Plantations, Petronas Gas, KLK, Harvest Court, F&N and Maybulk.
