KUALA LUMPUR: The FBM KLCI extended its losses on Thursday, Aug 12, in line with the fall at most regional markets after US stocks erased the year's gains in the broadest sell-off in a month-and-a-half on Wednesday as investors took money off the table and sought refuge in safer assets.
At 9.05am, the FBM KLCI fell 6.08 points to 1,346.83, dragged by losses including at Genting and CIMB, which fell six sen each to RM7.72 and RM7.24 respectively.
Other early decliners included Hong Leong Financial Group that lost 32 sen to RM8.21, Chin Teck down 12 sen to RM8.20, Boustead down 11 sen to RM4.14 while Batu Kawan, Panasonic and BAT fell 10 sen each to RM11.70, RM19.30 and RM44, respectively.
Glove makers also fell, with Supermax losing eight sen to RM5.91 while Top Glove lost seven sen to RM6.13.
At 9.05am, the FBM KLCI fell 6.08 points to 1,346.83, dragged by losses including at Genting and CIMB, which fell six sen each to RM7.72 and RM7.24 respectively.
Other early decliners included Hong Leong Financial Group that lost 32 sen to RM8.21, Chin Teck down 12 sen to RM8.20, Boustead down 11 sen to RM4.14 while Batu Kawan, Panasonic and BAT fell 10 sen each to RM11.70, RM19.30 and RM44, respectively.
Glove makers also fell, with Supermax losing eight sen to RM5.91 while Top Glove lost seven sen to RM6.13.
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