KUALA LUMPUR: The FBM KLCI slipped into negative territory at mid-morning on Tuesday, Oct 12 in line with the decline at key regional markets after Japan's Nikkei 225, hurt by a strengthening yen, fell in the morning session.
The decline at the regional markets was also in light of the light trading volume at Wall Street on Monday as few dared to place bets ahead of key companies' results later this week, including Intel Corp, JPMorgan Chase & Co and General Electric Co.
At 10am, the FBM KLCI fell 1.66 points to 1,485.75, dragged by losses at key blue chips including BAT, Petronas Gas, CIMB, MISC and AMMB.
Losers edged gainers by 223 to 196, while 253 counters traded unchanged. Volume was 271.19 million shares valued at RM271.28 million.
Among the major losers, BAT fell 48 sen to RM48.90, PetGas lost 12 sen to RM10.88, Panasonic down eight sen to RM18.56, CIMB down seven sen to RM8.08, MISC, PacificMas and QSR Brands lost six sen each to RM8.71, RM4.48 and RM5.36 respectively, while AMMB and SEG International fell five sen each to RM5.92 and RM2.20 respectively.
PLANTATION []s stocks advanced this morning on strong crude palm oil prices. KL Kepong added 20 sen to RM17.90, PPB Group rose 14 sen to RM17.76 and Batu Kawan added 10 sen to RM12.72. Other gainers included Dutch Lady, Star, Supermax, Nestle and Paramount.
Among the actively traded stocks were Ho Wah Genting, Sinotop, Karambunai and CIMB.
At the regional markets, Japan's Nikkei 225 slipped 0.88% to 9,504.39, the South Korean Kospi down 0.99% to 1,871.17, the Shanghai Composite Index down 0.43% to 2,794.99, Singapore's Straits Times Index down 0.35% to 3,152.28, Taiwan's Taiex down 0.34% to 8,149.17 while Hong Kong's Hang Seng Index opened 0.3% lower at 23,136.99.
The decline at the regional markets was also in light of the light trading volume at Wall Street on Monday as few dared to place bets ahead of key companies' results later this week, including Intel Corp, JPMorgan Chase & Co and General Electric Co.
At 10am, the FBM KLCI fell 1.66 points to 1,485.75, dragged by losses at key blue chips including BAT, Petronas Gas, CIMB, MISC and AMMB.
Losers edged gainers by 223 to 196, while 253 counters traded unchanged. Volume was 271.19 million shares valued at RM271.28 million.
Among the major losers, BAT fell 48 sen to RM48.90, PetGas lost 12 sen to RM10.88, Panasonic down eight sen to RM18.56, CIMB down seven sen to RM8.08, MISC, PacificMas and QSR Brands lost six sen each to RM8.71, RM4.48 and RM5.36 respectively, while AMMB and SEG International fell five sen each to RM5.92 and RM2.20 respectively.
PLANTATION []s stocks advanced this morning on strong crude palm oil prices. KL Kepong added 20 sen to RM17.90, PPB Group rose 14 sen to RM17.76 and Batu Kawan added 10 sen to RM12.72. Other gainers included Dutch Lady, Star, Supermax, Nestle and Paramount.
Among the actively traded stocks were Ho Wah Genting, Sinotop, Karambunai and CIMB.
At the regional markets, Japan's Nikkei 225 slipped 0.88% to 9,504.39, the South Korean Kospi down 0.99% to 1,871.17, the Shanghai Composite Index down 0.43% to 2,794.99, Singapore's Straits Times Index down 0.35% to 3,152.28, Taiwan's Taiex down 0.34% to 8,149.17 while Hong Kong's Hang Seng Index opened 0.3% lower at 23,136.99.
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