Friday, September 3, 2010

K-Star top loser, thin trade

KUALA LUMPUR: K-Star Sports Ltd top loser in late afternoon trade on Friday, Sept 3 on some light profit taking after recent run-up in tandem with other Chinese stocks.

At 3.36pm, it is down 27 sen to RM1.73 with 5,100 shares done. On Aug 25, company said it was exploring the possibility of dual listing in a foreign exchange and raising funds from the capital market to expand its group's business.

The 30-stock FBM KLCI is down 6.28 points to 1,434.25. Turnover is 658.19 million shares valued at RM1.12 billion. There were 232 gainers, 329 losers and 300 stocks unchanged.

Heavyweights Genting fell 27 sen to RM9.21 with 4.6 million shares done, Sime Darby lost 13 sen to RM8.29 with 2.54 million units done.


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