Thursday, February 10, 2011

Blue chips skid in early trade, plantations weigh

KUALA LUMPUR: Blue chips fell in early trade, with the FBM KLCI down more nine points on Thursday, Feb 10, dragged by profit taking in KLK, AMMB and Sime Darby.

At 9.03am, the KLCI was down 9.27 points to 1,526.80. Turnover was 63.10 million shares valued at RM41.61 million. There were 89 gainers, 80 losers and 104 stocks unchanged.

United PLANTATION []s fell 20 sen to RM25.40, KL Kepong 14 sen to RM21.96, PPB 10 sen to RM16.74 while heavyweight Sime fell eight sen to RM9.30.

DiGi lost 14 sen to RM24.48 and AMMB nine sen to RM6.34.

MPHB fell 14 sen to RM2.54 and its call warrants, MPHB-CA 8.5 sen to 34 after it announced it was seeking to take over its associate Magnum Holdings Bhd for RM1.66 billion as it seeks to have 100% ownership of Magnum to make gaming the group's core business.


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