Wednesday, March 2, 2011

Markets skid on Mid-east unrest, KLCI hits early low of 1,488

KUALA LUMPUR: Regional markets including Bursa Malaysia skidded in early trade on Wednesday, March 2, as sentiment was bearish following the Middle-east unrest and the spike in oil prices.

At Bursa Malaysia, the FBM KLCI fell to a low of 1,488. At 9.32am, it was down 10.15 points to 1,492.09. Turnover was 153.91 million shares valued at RM105.02 million. Losers hammered gainers 395 to 39 while 133 stocks unchanged.

Far East was the top loser, down 40 sen to RM7.10, Ajiya 14 sen to RM1.81, Batu Kawan 12 sen to RM15.20 while Public Bank-F shed 10 sen to RM13.02.

Sime Darby and Hartalega shed 10 sen each to RM8.94 and RM5.50.

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