KUALA LUMPUR: The FBM KLCI extended its losses on Friday, April 15 in line with the lackluster mood at key regional markets as disappointing U.S. data and a likely pickup in Chinese inflation gave market players an excuse to take profits after a recent sharp rally.
At mid-morning, the FBM KLCI slipped 0.90 point to 1,524.90, weighed by losses including at BAT, DiGi, Petronas Dagangan and Hong Leong Bank.
Gainers edged losers by 183 to 180, while 220 counters traded unchanged. Volume was 128.02 million shares valued at RM149.71 million.
Asian stock markets are set to snap three consecutive weeks of gains as spiralling commodity prices stoked worries about a broader pickup in inflation within the region even as traders waited for Chinese data later in the day, according to Reuters.
Unofficial reports say inflation will be a shade higher than originally forecast at 5.3-5.4 percent, triggering concerns that more aggressive policy action may be needed to prevent the economy overheating, it said.
At the regional markets, Japan's Nikkei 225 shed 0.43% to 9,612.23 and South Korea's Kospi lost 0.245 to 2,135.84.
Hong Kong's Hang Seng Index edged up 0.05% to 24,025.86, Taiwan's Taiex rose 0.04% to 8,806.46, the Shanghai Composite Index added 0.02% to 3,043.29 while Singapore's Straits Times Index was flat at 3,158.94.
On Bursa Malaysia, BAT was the top loser and fell 62 sen to RM47.28; DiGi fell 34 sen to RM29.16, Petronas Dagangan 14 sen to RM16.06, MMHE 12 sen to RM6.71, Hong Leong Bank and Glenealy 10 sen each to RM10.30 and RM4.75, Petronas Gas eight sen to RM11.28, Amway and KLK six sen each to RM9 and RM20.84, while Lafarge Malayan Cement fell five sen to RM7.35.
Viztel was the most actively traded counter with 6.9 million shares done. The stock added one sen to 9 sen.
Other actives included Seal, Tebrau, Lion Corp, Key West, DBE Gurney and Talam.
Gainers included YTL Corp, Allianz, Paramount, Texchem, IJM PLANTATION []s, CBIP, CIMB and Eng Kah.
At mid-morning, the FBM KLCI slipped 0.90 point to 1,524.90, weighed by losses including at BAT, DiGi, Petronas Dagangan and Hong Leong Bank.
Gainers edged losers by 183 to 180, while 220 counters traded unchanged. Volume was 128.02 million shares valued at RM149.71 million.
Asian stock markets are set to snap three consecutive weeks of gains as spiralling commodity prices stoked worries about a broader pickup in inflation within the region even as traders waited for Chinese data later in the day, according to Reuters.
Unofficial reports say inflation will be a shade higher than originally forecast at 5.3-5.4 percent, triggering concerns that more aggressive policy action may be needed to prevent the economy overheating, it said.
At the regional markets, Japan's Nikkei 225 shed 0.43% to 9,612.23 and South Korea's Kospi lost 0.245 to 2,135.84.
Hong Kong's Hang Seng Index edged up 0.05% to 24,025.86, Taiwan's Taiex rose 0.04% to 8,806.46, the Shanghai Composite Index added 0.02% to 3,043.29 while Singapore's Straits Times Index was flat at 3,158.94.
On Bursa Malaysia, BAT was the top loser and fell 62 sen to RM47.28; DiGi fell 34 sen to RM29.16, Petronas Dagangan 14 sen to RM16.06, MMHE 12 sen to RM6.71, Hong Leong Bank and Glenealy 10 sen each to RM10.30 and RM4.75, Petronas Gas eight sen to RM11.28, Amway and KLK six sen each to RM9 and RM20.84, while Lafarge Malayan Cement fell five sen to RM7.35.
Viztel was the most actively traded counter with 6.9 million shares done. The stock added one sen to 9 sen.
Other actives included Seal, Tebrau, Lion Corp, Key West, DBE Gurney and Talam.
Gainers included YTL Corp, Allianz, Paramount, Texchem, IJM PLANTATION []s, CBIP, CIMB and Eng Kah.
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