KUALA LUMPUR:'' Asian markets were mixed at midday on Friday, July 2 as frayed nerves awaited US employment data amid multiple concerns over the health of the global economy, including the eurozone debt crisis, a slowdown in China's growth and weak US economy.
Investors are now awaiting the US employment report later in the day which is expected to show a decline of 110,000 in non-farm payrolls, the first fall this year, according to a Reuters poll.
A better-than-expected jobs report could spark a bout of short-covering and provide a bounce for stocks ahead of the long US weekend, it said.
At Bursa Malaysia, Genting Malaysia and gaming counters fell on higher duties imposed with effect from June.
At 12.30pm, the FBM KLCI lost 1.23 points to 1,307.53. There were 200 gainers and 238 losers, while 238 counters traded unchanged. Volume was 337.92 million shares valued at RM425.29 million.
Nikkei 225 +0.32% 9,221.11 Singapore's Straits Times Index +0.52% 2,835.09 Hang Seng Index -1.46% 19,834.45 Shanghai Composite Index -0.69% 2,357.31 ''
Among the major losers, Genting Malaysia fell 12 sen to RM2.62, Tanjong 26 sen to RM17.04, CIMB five sen to RM7.03, PLUS and Axiata two sen each to RM3.37 and RM3.88, while Sime Darby fell one sen to RM7.78.
Genting Malaysia's shares fell after it proposed to acquire Genting Singapore's under-performing UK operations, which analysts said was at the higher-end of peers' valuation.
Power-gaming Tanjong declined after the Ministry of Finance raised the pool betting duty. Its unit Pan Malaysian PoolsSdn Bhd has been notified by the MoF of a revision in betting duties to 8% from 6% previously.
Other losers were DFZ Capital, APM Automotive, Hartalega, Shell and MBM Resources.
MISC added 12 sen to RM8.612, KLK six sen to RM16.46, Genting and Petronas Gas five sen each to RM7.21 and RM9.90, Tenaga four sen to RM8.40, MAS three sen to RM2.04 and Maybank two sen to RM7.56.
The other gainers included Nestle, Mamee, KKB Engineering, MPI and Latitude Tree.
Sinotop's rights entitlement (Sinotop-OR) were most actively traded this morning with 64.6 million units. It declined half a sen to 4.5 sen.
Other actives included Genting Malaysia, Carotech, Talam, Hovid, Compugates and Key Asic.
Investors are now awaiting the US employment report later in the day which is expected to show a decline of 110,000 in non-farm payrolls, the first fall this year, according to a Reuters poll.
A better-than-expected jobs report could spark a bout of short-covering and provide a bounce for stocks ahead of the long US weekend, it said.
At Bursa Malaysia, Genting Malaysia and gaming counters fell on higher duties imposed with effect from June.
At 12.30pm, the FBM KLCI lost 1.23 points to 1,307.53. There were 200 gainers and 238 losers, while 238 counters traded unchanged. Volume was 337.92 million shares valued at RM425.29 million.
Nikkei 225 +0.32% 9,221.11 Singapore's Straits Times Index +0.52% 2,835.09 Hang Seng Index -1.46% 19,834.45 Shanghai Composite Index -0.69% 2,357.31 ''
Among the major losers, Genting Malaysia fell 12 sen to RM2.62, Tanjong 26 sen to RM17.04, CIMB five sen to RM7.03, PLUS and Axiata two sen each to RM3.37 and RM3.88, while Sime Darby fell one sen to RM7.78.
Genting Malaysia's shares fell after it proposed to acquire Genting Singapore's under-performing UK operations, which analysts said was at the higher-end of peers' valuation.
Power-gaming Tanjong declined after the Ministry of Finance raised the pool betting duty. Its unit Pan Malaysian PoolsSdn Bhd has been notified by the MoF of a revision in betting duties to 8% from 6% previously.
Other losers were DFZ Capital, APM Automotive, Hartalega, Shell and MBM Resources.
MISC added 12 sen to RM8.612, KLK six sen to RM16.46, Genting and Petronas Gas five sen each to RM7.21 and RM9.90, Tenaga four sen to RM8.40, MAS three sen to RM2.04 and Maybank two sen to RM7.56.
The other gainers included Nestle, Mamee, KKB Engineering, MPI and Latitude Tree.
Sinotop's rights entitlement (Sinotop-OR) were most actively traded this morning with 64.6 million units. It declined half a sen to 4.5 sen.
Other actives included Genting Malaysia, Carotech, Talam, Hovid, Compugates and Key Asic.
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