KUALA LUMPUR: The FBM KLCI fell in early trade on Monday, Dec 20 in line with the softer start at most key regional markets.
At 10am, the FBM KLCI was down 3.67 points to 1,496.21, weighed by losses including at BAT, KLK and MISC.
Losers led gainers by 268 to 158, while 186 counters traded unchanged. Volume was 208.15 million shares valued at RM201.19 million.
At the regional markets, South Korea's Kospi slumped 1.38% to 1,998.29, Japan's Nikkei 225 was down 0.32% to 10,271.28, Singapore's Straits Times Index fell 0.30% to 3,143.57, Taiwan's Taiex shed 0.10% to 8,808.73, Hong Kong's Hang Seng Index opened 0.2% lower at 22,672.67 while the Shanghai Composite Index gained 0.21% to 2,899.93.
On Bursa Malaysia, BAT was the top loser at mid-morning and fell 62 sen to RM44.62; Batu Kawan lost 48 sen to RM16.12, PPB down 26 sen to RM16.88, Malaysia Smelting Corp fell 20 sen to RM4.60, KLK shed 16 sen to RM20.72, Kulim fell 12 sen to RM12.86, whiel Hai-O and MISC lost 10 sen each to RM2.83 and RM8.15.
Gamuda shares and warrants advanced in early trade after the Cabinet approved the RM36 billion KL mass rapid transit project.
Gamuda was up three sen to RM3.86.
CIMB Research maintained its outperform call on the stock and raised its target price to RM5.45 (from RM5 previously) and said the appointment of Gamuda as the project manager increased the group's chances of bagging the RM13 billionn-RM14 billion tunnelling works.
Other actives included Olympia, MAA Holdings, Compugates, DRB-Hicom and Hubline.
MPI was the top gainer and added 17 sen to RM5.67; D'Nonce added 1.25 sen to 58 sen, Toyo Ink gained 10 sen to RM1.65, DFZ Capital and Hap Seng rose nine sen to RM3.70and RM6.14, Pintaras up eights en to RM1.94 while SapuraCrest added seven sen to RM3.08.
Meanwhile, trading in the shares of MTD Capital and MTD ACPI Engineering has been suspended from 9am to 5pm today pending an announcement by the companies.
MTD Capital owns 50.63% of the latter.
At 10am, the FBM KLCI was down 3.67 points to 1,496.21, weighed by losses including at BAT, KLK and MISC.
Losers led gainers by 268 to 158, while 186 counters traded unchanged. Volume was 208.15 million shares valued at RM201.19 million.
At the regional markets, South Korea's Kospi slumped 1.38% to 1,998.29, Japan's Nikkei 225 was down 0.32% to 10,271.28, Singapore's Straits Times Index fell 0.30% to 3,143.57, Taiwan's Taiex shed 0.10% to 8,808.73, Hong Kong's Hang Seng Index opened 0.2% lower at 22,672.67 while the Shanghai Composite Index gained 0.21% to 2,899.93.
On Bursa Malaysia, BAT was the top loser at mid-morning and fell 62 sen to RM44.62; Batu Kawan lost 48 sen to RM16.12, PPB down 26 sen to RM16.88, Malaysia Smelting Corp fell 20 sen to RM4.60, KLK shed 16 sen to RM20.72, Kulim fell 12 sen to RM12.86, whiel Hai-O and MISC lost 10 sen each to RM2.83 and RM8.15.
Gamuda shares and warrants advanced in early trade after the Cabinet approved the RM36 billion KL mass rapid transit project.
Gamuda was up three sen to RM3.86.
CIMB Research maintained its outperform call on the stock and raised its target price to RM5.45 (from RM5 previously) and said the appointment of Gamuda as the project manager increased the group's chances of bagging the RM13 billionn-RM14 billion tunnelling works.
Other actives included Olympia, MAA Holdings, Compugates, DRB-Hicom and Hubline.
MPI was the top gainer and added 17 sen to RM5.67; D'Nonce added 1.25 sen to 58 sen, Toyo Ink gained 10 sen to RM1.65, DFZ Capital and Hap Seng rose nine sen to RM3.70and RM6.14, Pintaras up eights en to RM1.94 while SapuraCrest added seven sen to RM3.08.
Meanwhile, trading in the shares of MTD Capital and MTD ACPI Engineering has been suspended from 9am to 5pm today pending an announcement by the companies.
MTD Capital owns 50.63% of the latter.
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