Thursday, October 14, 2010

KLCI in the red

KUALA LUMPUR: Profit taking accelerated in the afternoon session on Thursday, Oct 14, with selling seen in GENTING BHD [], sending the FBM KLCI into the red.

At 3.20pm, the KLCI was down 3.82 points to 1,493.15. Turnover was 922 million shares valued at RM1.31 billion.

The 1,500 level, which was crossed in early trade on Thursday, had proven to be a formidable barrier for investors.

BAT fell the most, down 70 sen to RM48.28. However, profit taking was seen more in Genting Bhd, where the shares had surged in recent days. It fell 24 sen to RM10.22.

Top Glove and Hartalega lost 14 sen each to RM5.63 and RM5.39 on some profit taking on the glove makers had staged a recent rebound.

DiGi was the worst performer among the telcos, down 12 sen to RM24.68.


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