KUALA LUMPUR (April 12): The FBM KLCI slipped on resuming trade on Thursday after the public holiday on Wednesday, in line with the tepid investor sentiment at most global markets.
At 9.01am, the FBM KLCI shed 1.23 points to 1,595.94.
Gainers led losers by 57 to 50, while 98 counters traded unchanged. Volume was 21.71 million shares valued at RM22.65 million.
Asian shares eased on Thursday while the euro firmed, reflecting investor caution despite easing concerns about sovereign funding for troubled euro zone economies Spain and Italy that helped U.S. and European equities rebound overnight, according to Reuters.
Investors scaled back safe haven buying of gold and U.S. and German government debt, while an encouraging start to earnings season helped U.S. stocks snap a five-day losing streak, it said.
Among the early decliners were BAT, Petronas Gas, IOI Corp, Bumi Armada, Telekom,AirAsia, Genting, Xin Quan and QL Resources.
At 9.01am, the FBM KLCI shed 1.23 points to 1,595.94.
Gainers led losers by 57 to 50, while 98 counters traded unchanged. Volume was 21.71 million shares valued at RM22.65 million.
Asian shares eased on Thursday while the euro firmed, reflecting investor caution despite easing concerns about sovereign funding for troubled euro zone economies Spain and Italy that helped U.S. and European equities rebound overnight, according to Reuters.
Investors scaled back safe haven buying of gold and U.S. and German government debt, while an encouraging start to earnings season helped U.S. stocks snap a five-day losing streak, it said.
Among the early decliners were BAT, Petronas Gas, IOI Corp, Bumi Armada, Telekom,AirAsia, Genting, Xin Quan and QL Resources.
