Tuesday, February 22, 2011

FBM KLCI falls in early trade

KUALA LUMPUR: The FBM KLCI fell at the start of trade on Tuesday, Feb 22, giving up all its gains from Monday and sliding to as low as 1,516 on selling of key index linked counters in line with cautious regional markets.

At 9.09am, the KLCI was down 7.64 points to 1,518.21. Turnover was 79.34 million shares valued at RM46.76 million. Losers hammered gainers 224 to 48 while 149 stocks were unchanged.

Kulim fell 14 sen to RM15.36, Genting 12 sen to RM10.46, IOI Corp and Maybank eight sen each to RM5.51 and RM8.78.

Among property counters, UEM Land and Mah Sing fell seven sen each to RM2.88 and RM2.63.

Guan Chong, which had a strong run-up in recent weeks, fell nine sen to RM1.98.

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