KUALA LUMPUR: The FBM KLCI remained firmly in the red at the mid-day break on Thursday, Nov 18, weighed by losses at key blue chips including Genting, Tenaga and PLANTATION [] stocks.
At 12.30pm, the 30-stock index was down 0.78% or 11.70 points to 1,491.84. Losers led gainers by 383 to 272 while 269 counters traded unchanged. Volume was 587.8 million shares valued at RM844.57 million.
The ringgit strengthened 0.9% to 3.1330 versus the US dollar; gold soared US$13.70 an ounce to US$1,349.70 while crude oil added 79 cents per barrel to US$81.23.
Plantation stocks took a beating this morning as crude palm oil futures for the third month delivery slumped RM100 per tonne to RM3,165.
Among the major losers, PPB fell 58 sen to RM18.96, Kulim down 48 sen to RM13.40, Boustead lost eight sen to RM5.42, IOI Corporation fell five sen to RM5.85 while KL Kepong and Genting Plantations lost four sen each to RM19.80 and RM8.51.
Genting lost 38 sen to RM10.08, Nestle and MAHB down 10 sen each to RM43.20 and RM5.86, while Hong Leong Financial Group and Tenaga slipped eight sen each to RM8.90 and RM8.69.
Among the gainers, BAT added 36 sen to RM46.38, MPI rose 15 sen to RM5.90, LPI Capital up 14 sen to RM11.50, Maybank added 13 sen to RM8.71, Tan Chong up 12 sen'' to RM5.62 while Panasonic, Sunrise, IJM Corp and Kencana gained 10 sen each to RM18.42, RM2.79, RM5.62 and RM2.08 respectively.
SAAG was the most actively traded counter with 26.9 million shares done. The stock was unchanged at 7.5 sen. Other actives included Jotech, Karambunai, Timecom, IJM Land, Kencana, KNM and JCY.
Regional stock markets mostly rebounded, with Japan's Nikkei 255 soaring 1.66% to 9,974.28, Hong Kong's Hang Seng Index up 1.31% to 23,518.32, the South Korean Kospi gained 1.43% to 1,924.16, the Shanghai Composite Index up 0.62% to 2,856.36, Taiwan's Taiex added 0.17% to 8,269.68 while Singapore's Straits Times Index slipped 0.45% to 3,197.49.
At 12.30pm, the 30-stock index was down 0.78% or 11.70 points to 1,491.84. Losers led gainers by 383 to 272 while 269 counters traded unchanged. Volume was 587.8 million shares valued at RM844.57 million.
The ringgit strengthened 0.9% to 3.1330 versus the US dollar; gold soared US$13.70 an ounce to US$1,349.70 while crude oil added 79 cents per barrel to US$81.23.
Plantation stocks took a beating this morning as crude palm oil futures for the third month delivery slumped RM100 per tonne to RM3,165.
Among the major losers, PPB fell 58 sen to RM18.96, Kulim down 48 sen to RM13.40, Boustead lost eight sen to RM5.42, IOI Corporation fell five sen to RM5.85 while KL Kepong and Genting Plantations lost four sen each to RM19.80 and RM8.51.
Genting lost 38 sen to RM10.08, Nestle and MAHB down 10 sen each to RM43.20 and RM5.86, while Hong Leong Financial Group and Tenaga slipped eight sen each to RM8.90 and RM8.69.
Among the gainers, BAT added 36 sen to RM46.38, MPI rose 15 sen to RM5.90, LPI Capital up 14 sen to RM11.50, Maybank added 13 sen to RM8.71, Tan Chong up 12 sen'' to RM5.62 while Panasonic, Sunrise, IJM Corp and Kencana gained 10 sen each to RM18.42, RM2.79, RM5.62 and RM2.08 respectively.
SAAG was the most actively traded counter with 26.9 million shares done. The stock was unchanged at 7.5 sen. Other actives included Jotech, Karambunai, Timecom, IJM Land, Kencana, KNM and JCY.
Regional stock markets mostly rebounded, with Japan's Nikkei 255 soaring 1.66% to 9,974.28, Hong Kong's Hang Seng Index up 1.31% to 23,518.32, the South Korean Kospi gained 1.43% to 1,924.16, the Shanghai Composite Index up 0.62% to 2,856.36, Taiwan's Taiex added 0.17% to 8,269.68 while Singapore's Straits Times Index slipped 0.45% to 3,197.49.
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