KUALA LUMPUR (April 10): Shares on Bursa Malaysia fell in early trade on Tuesday with most investors staying on the side-lines given the weaker regional sentiment and a holiday-shortened trading week in Malaysia.
The FBM KLCI fell 2.84 points to 1,588.44 at 9.03am, weighed by losses at select blue chips.
Losers edged gainers by 59 to 47, while 100 counters traded unchanged. Volume was 27.05 million shares valued at RM13.07 million.
Wednesday is a public holiday in Malaysia in conjunction with the installation ceremony of the Yang DiPertuan Agong.
Meanwhile, Global stocks and crude oil fell on Monday as investors reacted to the surprisingly sharp slowdown in U.S. jobs growth reported last week, which raised concerns about the strength of the world's largest economy, according to Reuters.
Stocks on Wall Street and crude oil futures prices slid about 1% on the first trading day after the U.S. Labor Department reported the March jobs data. U.S. equity markets were closed on Friday for the Good Friday holiday, it said.
Among the aly decliners on Bursa Malaysia were Genting PLANTATION []s, Petronas Gas, Lafarge Malayan Cement, HLFG, Hong Leong Bank, Astino, Petronas Dagangan, Public Bank and Parkson.
The FBM KLCI fell 2.84 points to 1,588.44 at 9.03am, weighed by losses at select blue chips.
Losers edged gainers by 59 to 47, while 100 counters traded unchanged. Volume was 27.05 million shares valued at RM13.07 million.
Wednesday is a public holiday in Malaysia in conjunction with the installation ceremony of the Yang DiPertuan Agong.
Meanwhile, Global stocks and crude oil fell on Monday as investors reacted to the surprisingly sharp slowdown in U.S. jobs growth reported last week, which raised concerns about the strength of the world's largest economy, according to Reuters.
Stocks on Wall Street and crude oil futures prices slid about 1% on the first trading day after the U.S. Labor Department reported the March jobs data. U.S. equity markets were closed on Friday for the Good Friday holiday, it said.
Among the aly decliners on Bursa Malaysia were Genting PLANTATION []s, Petronas Gas, Lafarge Malayan Cement, HLFG, Hong Leong Bank, Astino, Petronas Dagangan, Public Bank and Parkson.
