KUALA LUMPUR: Regional markets, including Bursa Malaysia fell on Friday, Sept 24 after weak US employment and housing data stoked further unease on the pace of the global economic recovery.
US initial claims for state unemployment benefits rose 12,000 to 465,000, breaking two straight weeks of declines, while sales of existing home sales rose at the second lowest pace in 13 years.
At 10am, the FBM KLCI fell 10.37 points to 1,447.71, weighed by losses at key blue chips including Genting, CIMB and IOI Corp. Losers led gainers by 217 to 163, while 191 counters traded unchanged. Volume was 439.83 million shares valued at RM206.94 million.
At the regional markets, Japan's Nikkei 225 fell 1.25% to 9,446.71, Taiwan's Taiex lost 0.82% to 8,135.15, Singapore's Straits Times Index shed 0.40% to 3,070.77, the South Korean Kospi declined 0.08% to 1,831.25 while Hong Kong's Hang Seng Index opened 0.4% lower at 21,964.07.
At Bursa Malaysia, Genting fell 16 sen to RM9.77, K-Star Sports down 15 sen to RM1.84, Tan Chong lost 14 sen to RM5.63, CIMB down 13 sen to RM8.06 while IOI Corp, AMMB and Bursa fell nine sen each to RM5.40, RM5.67 and RM8.03, respectively.
Karambunai, which has been in focus since report of a possible integrated resort in East Malaysia after the Economic Transformation Programme open day, continued to be actively traded with 122.4 million shares done. The counter gained four sen to 16 sen.
Other actives included SAAG, Talam, KNM, Sinotop and Hubline.
BAT was the top gainer and rose 22 sen to RM47.20; glove makers also recouped some of their losses from recent weeks, with Top Glove adding 17 sen to RM5.27 and Hartalega rising 10 sen to RM4.20.
Hong Leong Financial Group added 13 sen to RM8.95, Favelle Favco, Naim, Aeon and DXN added seven each to 87 sen, RM3.48, RM5.80 and RM1.12, respectively, while HELP rose six sen to RM4.49.
US initial claims for state unemployment benefits rose 12,000 to 465,000, breaking two straight weeks of declines, while sales of existing home sales rose at the second lowest pace in 13 years.
At 10am, the FBM KLCI fell 10.37 points to 1,447.71, weighed by losses at key blue chips including Genting, CIMB and IOI Corp. Losers led gainers by 217 to 163, while 191 counters traded unchanged. Volume was 439.83 million shares valued at RM206.94 million.
At the regional markets, Japan's Nikkei 225 fell 1.25% to 9,446.71, Taiwan's Taiex lost 0.82% to 8,135.15, Singapore's Straits Times Index shed 0.40% to 3,070.77, the South Korean Kospi declined 0.08% to 1,831.25 while Hong Kong's Hang Seng Index opened 0.4% lower at 21,964.07.
At Bursa Malaysia, Genting fell 16 sen to RM9.77, K-Star Sports down 15 sen to RM1.84, Tan Chong lost 14 sen to RM5.63, CIMB down 13 sen to RM8.06 while IOI Corp, AMMB and Bursa fell nine sen each to RM5.40, RM5.67 and RM8.03, respectively.
Karambunai, which has been in focus since report of a possible integrated resort in East Malaysia after the Economic Transformation Programme open day, continued to be actively traded with 122.4 million shares done. The counter gained four sen to 16 sen.
Other actives included SAAG, Talam, KNM, Sinotop and Hubline.
BAT was the top gainer and rose 22 sen to RM47.20; glove makers also recouped some of their losses from recent weeks, with Top Glove adding 17 sen to RM5.27 and Hartalega rising 10 sen to RM4.20.
Hong Leong Financial Group added 13 sen to RM8.95, Favelle Favco, Naim, Aeon and DXN added seven each to 87 sen, RM3.48, RM5.80 and RM1.12, respectively, while HELP rose six sen to RM4.49.
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