KUALA LUMPUR: Asian markets, including Bursa Malaysia, slipped into negative territory following stocks in China falling after trade data for July showed imports were weaker than expected.
Trading was also cautious as annual house price inflation in China fell in July for the third month running under the impact of a government drive against property speculation.
Market players said there was little impact from a Bank of Japan decision, announced just before the market reopened for the afternoon session, to keep interest rates steady and hold off on any new policy steps, according to Reuters.
The Nikkei 225 had ended morning trade up 0.5%, helped by a halt in the yen's advance against the dollar, while investors waited to see if the US Federal Reserve would consider or embark on new policy steps, said Reuters.
The Shanghai Composite Index fell 1.82% to 2,623.79, Hong Kong's Hang Seng down 1.03% to 21,577.22, Taiwan's Taiex Index lost 0.54% to 7,991.39, Japan's Nikkei 225 shed 0.47% to 9,527.29 while Singapore's Straits Times Index slipped 0.18% to 2,990.28.
At Bursa Malaysia, the FBM KLCI shed 0.43 of a point to 1,360.23, with losses including at Tenaga, Genting, MMC Corp and YTL Corp.
Losers overtook gainers by 323 to 213, while 281 counters traded unchanged. Volume was 335.64 million shares valued at RM479.46 million.
Crude palm oil futures for the third month delivery fell RM45 per tonne to RM2,676; gold shed eight cents per ounce to US$1,200.55 (RM3,788.34) while crude oil fell 48 cents to US$81.
Among the major losers this morning, Hartalega fell 14 sen to RM7.84, Amway and Supermax fell 12 sen each to RM8 and RM5.88, Tan Chong lost 10 sen to RM5, TSR Capital, SHL Consolidated and EPIC fell nine sen each to 91 sen, RM1.16 and RM2.21 respectively, while Plenitude lost eight sen to RM3.50.
Tenaga fell two sen to RM8.65, Genting down one sen to RM7.84 while MMC Corp and YTL Corp fell five sen each to RM2.59 and RM7.45 respectively.
Among the gainers, Petronas Dagangan added 22 sen to RM10.50, Nestle up 20 sen to RM39, BAT 18 sen to RM44.18, Mudajaya 13 sen to RM4.63 and Petronas Gas 12 sen to RM10.22.
Other gainers included Yee Lee, Xingquan, CBIP and Tomypak.
Timecom was the most actively traded counter with 19.2 million shares done. The stock added 1.5 sen to 66 sen.
Other actives included Sinotop, Lion Corp, Maybank, Baswell and Jadi.
Trading was also cautious as annual house price inflation in China fell in July for the third month running under the impact of a government drive against property speculation.
Market players said there was little impact from a Bank of Japan decision, announced just before the market reopened for the afternoon session, to keep interest rates steady and hold off on any new policy steps, according to Reuters.
The Nikkei 225 had ended morning trade up 0.5%, helped by a halt in the yen's advance against the dollar, while investors waited to see if the US Federal Reserve would consider or embark on new policy steps, said Reuters.
The Shanghai Composite Index fell 1.82% to 2,623.79, Hong Kong's Hang Seng down 1.03% to 21,577.22, Taiwan's Taiex Index lost 0.54% to 7,991.39, Japan's Nikkei 225 shed 0.47% to 9,527.29 while Singapore's Straits Times Index slipped 0.18% to 2,990.28.
At Bursa Malaysia, the FBM KLCI shed 0.43 of a point to 1,360.23, with losses including at Tenaga, Genting, MMC Corp and YTL Corp.
Losers overtook gainers by 323 to 213, while 281 counters traded unchanged. Volume was 335.64 million shares valued at RM479.46 million.
Crude palm oil futures for the third month delivery fell RM45 per tonne to RM2,676; gold shed eight cents per ounce to US$1,200.55 (RM3,788.34) while crude oil fell 48 cents to US$81.
Among the major losers this morning, Hartalega fell 14 sen to RM7.84, Amway and Supermax fell 12 sen each to RM8 and RM5.88, Tan Chong lost 10 sen to RM5, TSR Capital, SHL Consolidated and EPIC fell nine sen each to 91 sen, RM1.16 and RM2.21 respectively, while Plenitude lost eight sen to RM3.50.
Tenaga fell two sen to RM8.65, Genting down one sen to RM7.84 while MMC Corp and YTL Corp fell five sen each to RM2.59 and RM7.45 respectively.
Among the gainers, Petronas Dagangan added 22 sen to RM10.50, Nestle up 20 sen to RM39, BAT 18 sen to RM44.18, Mudajaya 13 sen to RM4.63 and Petronas Gas 12 sen to RM10.22.
Other gainers included Yee Lee, Xingquan, CBIP and Tomypak.
Timecom was the most actively traded counter with 19.2 million shares done. The stock added 1.5 sen to 66 sen.
Other actives included Sinotop, Lion Corp, Maybank, Baswell and Jadi.
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