KUALA LUMPUR: The FBM KLCI kicked off the week in the red in line with regional markets that fell in early trade, following the fall at Wall Street on weak corporate earnings and worries of slowing economic growth.
At 9.05am, the FBM KLCI fell 4.27 points to 1,332.38, dragged by losses including at Tanjong, IOI Corp, Genting and Maybank.
Tanjong fell 16 sen to RM17.44, IOI Corp seven sen to RM5, Genting down six sen to RM7.45, Maybank five sen to RM7.65 while RHB Capital slipped four sen to RM6.11. Other early decliners were Milux, QL, KLCCP and Measat.
Titan was the most actively traded counter and top gainer on Honam's takeover plans to acquire the company's remaining 72.32% stake or 1.249 billion shares for RM2.93 billion or RM2.35 a share.
At 9.05am, Titan jumped 32 sen to RM2.17 with 8.7 million shares done.
Other early gainers included Bina Puri, Hua Yang, Unisem, SP Setia and Scomi Engineering.
At 9.05am, the FBM KLCI fell 4.27 points to 1,332.38, dragged by losses including at Tanjong, IOI Corp, Genting and Maybank.
Tanjong fell 16 sen to RM17.44, IOI Corp seven sen to RM5, Genting down six sen to RM7.45, Maybank five sen to RM7.65 while RHB Capital slipped four sen to RM6.11. Other early decliners were Milux, QL, KLCCP and Measat.
Titan was the most actively traded counter and top gainer on Honam's takeover plans to acquire the company's remaining 72.32% stake or 1.249 billion shares for RM2.93 billion or RM2.35 a share.
At 9.05am, Titan jumped 32 sen to RM2.17 with 8.7 million shares done.
Other early gainers included Bina Puri, Hua Yang, Unisem, SP Setia and Scomi Engineering.
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