KUALA LUMPUR:'' Banks were among the major losers in the morning session on Thursday, April 14 while Sarawak-based stocks eased ahead of the weekend state elections.
Investors' sentiment were cautious in line with the lacklustre regional markets after a brief rally the previous day. The consolidation was also expected after a recent run-up to near three-year highs.
Singapore's impressive growth data underscored investor confidence in the region, according to Reuters.
At 12.30pm, the FBM KLCI was down 0.32% or 4.95 points to 1,530.64, weighed by losses including banks and key blue chips.'' Losers beat gainers by 536 to 153, while 239 counters traded unchanged. Volume was 412.52 million shares valued at RM520.43 million.
The ringgit strengthened 0.01% to 3.0238 versus the US dollar; crude palm oil for the third month delivery rose RM1 per tonne to RM3,328 while oil slipped five cents per barrel to US$107.06. Gold gained US$1.45 per troy ounce to US$1,458.75.
Nikkei 225 -0.33% 9,609.54 Hang Seng Index -0.41% 24,036.57 Kospi -0.42% 2,112.97 Singapore's Straits Times Index -0.22% 3,164.97 Shanghai Composite +0.09% 3,053.29 Taiwan's Taiex +0.15% 8,792.94 ''
On Bursa Malaysia, among the major decliners, Hong Leong Bank fell 18 sen to RM10.40, HLFG six sen to RM9.33, Maybank three sen to RM8.77 while CIMB and RHB Capital lost two sen each to RM8.26 and RM8.58.
BAT and Genting fell 12 sen each to RM47.88 and RM10.68, MISC and IJM Corp down 10 sen each to RM7.66 and RM6.25, Shell 16 sen to RM10.92, KLK 14 sen to RM20.86, Tenaga six sen to RM6.11 and Gamuda four sen to RM3.82.
Among the Sarawak companies, CMSB and Naim fell five sen each to RM2.22 and RM3, Jaya Tiasa down two sen to RM6.30 and HSL fell one sen to RM1.67.
E&O continued to be actively traded on getting the Penang Government's in-principle approval for its master plan to undertake a mixed integrated project on a proposed reclaimed site on the island. The stock was unchanged at RM1.26 with 12.62 million shares traded.
Other actives included Melewar, MAA, Lion Corp, Axiata, Perisai and HWGB.
Allianz jumped 33 sen to RM5.32 following an upbeat report by CIMB Equities Research that said the company offers the only exposure to a well-managed Malaysian composite insurer that is controlled by an established international insurance group.
Other gainers included Dutch Lady, Vitrox, PacificMas, Lay Horng, United PLANTATION []s, Amway and KPJ.`
Investors' sentiment were cautious in line with the lacklustre regional markets after a brief rally the previous day. The consolidation was also expected after a recent run-up to near three-year highs.
Singapore's impressive growth data underscored investor confidence in the region, according to Reuters.
At 12.30pm, the FBM KLCI was down 0.32% or 4.95 points to 1,530.64, weighed by losses including banks and key blue chips.'' Losers beat gainers by 536 to 153, while 239 counters traded unchanged. Volume was 412.52 million shares valued at RM520.43 million.
The ringgit strengthened 0.01% to 3.0238 versus the US dollar; crude palm oil for the third month delivery rose RM1 per tonne to RM3,328 while oil slipped five cents per barrel to US$107.06. Gold gained US$1.45 per troy ounce to US$1,458.75.
Nikkei 225 -0.33% 9,609.54 Hang Seng Index -0.41% 24,036.57 Kospi -0.42% 2,112.97 Singapore's Straits Times Index -0.22% 3,164.97 Shanghai Composite +0.09% 3,053.29 Taiwan's Taiex +0.15% 8,792.94 ''
On Bursa Malaysia, among the major decliners, Hong Leong Bank fell 18 sen to RM10.40, HLFG six sen to RM9.33, Maybank three sen to RM8.77 while CIMB and RHB Capital lost two sen each to RM8.26 and RM8.58.
BAT and Genting fell 12 sen each to RM47.88 and RM10.68, MISC and IJM Corp down 10 sen each to RM7.66 and RM6.25, Shell 16 sen to RM10.92, KLK 14 sen to RM20.86, Tenaga six sen to RM6.11 and Gamuda four sen to RM3.82.
Among the Sarawak companies, CMSB and Naim fell five sen each to RM2.22 and RM3, Jaya Tiasa down two sen to RM6.30 and HSL fell one sen to RM1.67.
E&O continued to be actively traded on getting the Penang Government's in-principle approval for its master plan to undertake a mixed integrated project on a proposed reclaimed site on the island. The stock was unchanged at RM1.26 with 12.62 million shares traded.
Other actives included Melewar, MAA, Lion Corp, Axiata, Perisai and HWGB.
Allianz jumped 33 sen to RM5.32 following an upbeat report by CIMB Equities Research that said the company offers the only exposure to a well-managed Malaysian composite insurer that is controlled by an established international insurance group.
Other gainers included Dutch Lady, Vitrox, PacificMas, Lay Horng, United PLANTATION []s, Amway and KPJ.`
No comments:
Post a Comment