KUALA LUMPUR: The FBM KLCI fell in early trade on Thursday, June 24 in line with the weaker overnight closing at Wall Street, and was down 2.78 points to 1,362.92 at 9.25am.
US stocks mostly fell in a volatile session on Wednesday after the Federal Reserve downgraded its assessment of the economic recovery as it vowed to keep cheap money flowing, according to Reuters.
Among the major losers were Petronas Dagangan that fell 48 sen to RM9.30, Sime Darby down nine sen to RM8.07, while Telekom, Proton and Berjaya Sports Toto were down five sen each to RM3.31, RM4.70 and RM4.38, respectively.
Other losers included Hong Leong Industries, Kulim and Measat.
The top gainer was Berjaya Land that added 61 sen to RM4.68 while KFCH gained 12 sen to RM10.10. Other stocks that advanced in early trade included Aeon, HELP, Sinotop and GUINNESS ANCHOR BHD [].
Kenmark was the most actively traded stock with 11.94 million shares done. The counter fell 2.5 sen to 12 sen.
US stocks mostly fell in a volatile session on Wednesday after the Federal Reserve downgraded its assessment of the economic recovery as it vowed to keep cheap money flowing, according to Reuters.
Among the major losers were Petronas Dagangan that fell 48 sen to RM9.30, Sime Darby down nine sen to RM8.07, while Telekom, Proton and Berjaya Sports Toto were down five sen each to RM3.31, RM4.70 and RM4.38, respectively.
Other losers included Hong Leong Industries, Kulim and Measat.
The top gainer was Berjaya Land that added 61 sen to RM4.68 while KFCH gained 12 sen to RM10.10. Other stocks that advanced in early trade included Aeon, HELP, Sinotop and GUINNESS ANCHOR BHD [].
Kenmark was the most actively traded stock with 11.94 million shares done. The counter fell 2.5 sen to 12 sen.
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