KUALA LUMPUR: ''Asian markets edged up at noon on Tuesday, May 10, reversing some of their losses as worries on the impact of the downgrade of Greece's ratings somewhat eased.
China's main stock index was little changed at midday on Tuesday as investors remained cautious about trade aggressively ahead of key economic data due on the following day, according to Reuters.
Meanwhile, the Nikkei 225 reversed earlier losses as investors awaited corporate earnings of major companies, including Toyota, later this week, it said.
The FBM KLCI gained 0.12% or 1.86 points to 1,521.27 at the mid-day break.
Market breadth however turned negative with losers beating gainers by 314 to 254, while 301 counters traded unchanged. Volume was 406.66 million shares valued at RM471.39 million.
The ringgit weakened 0.09% to 2.9892 versus the US dollar; crude palm oil futures for the third month delivery rose RM20 per tonne to RM3,240, crude oil slipped US$1.44 per barrel to US$101.11 and gold fell US$4.27 an ounce to US$1,509.48.
At the regional markets, Japan's Nikkei 225 edged up 0.07% to 9,800.97, while the Shanghai Composite Index and Singapore's Straits Times Index rose 0.32% each to 2,881.57 and 3,146.94 respectively.
Taiwan's Taiex, however, shed 0.23% to 9,014.70.
The Hong Kong and South Korea stock exchanges were closed for a public holiday to commemorate the birthday of Buddha.
On Bursa Malaysia, Nestle was the top gainer this morning and added 58 sen to RM47.70.
HLFG gained 32 sen to RM11.10, Hong Leong Bank up 26 sen to RM11.46, Lebar Daun, Malaysia Smelting Corp and HPI up 17 sen each to 98 sen, RM4.55 and RM3.20 respectively, while Panasonic, United PLANTATION []s and Batu Kawan added 16 sen each to RM22.80, RM17.80 and RM15.66 respectively.
Newly-listed Mclean Technologies was the most actively traded counter. Its shares rose 7.5 sen to 59.5 sen with 53.68 million shares traded while its warrants added 19.5 sen to 20 sen with 21.72 million units done.
Other actives included DBE Gurney, Hubline, HWGB, Focus Point, Sumatec and YTL Power.
Among the decliners, F&N fell 70 sen to RM19.04, DiGi lost 36 sen to RM29.24, Southern Acids 27 sen to RM2.29, Taliworks 11 sen to RM1.13, Petronas Dagangan 10 sen to RM15.48, Cypark nine sen to RM2.70, Coastal eight sen to RM3.50 and Iretex seven sen to RM1.13.
''
China's main stock index was little changed at midday on Tuesday as investors remained cautious about trade aggressively ahead of key economic data due on the following day, according to Reuters.
Meanwhile, the Nikkei 225 reversed earlier losses as investors awaited corporate earnings of major companies, including Toyota, later this week, it said.
The FBM KLCI gained 0.12% or 1.86 points to 1,521.27 at the mid-day break.
Market breadth however turned negative with losers beating gainers by 314 to 254, while 301 counters traded unchanged. Volume was 406.66 million shares valued at RM471.39 million.
The ringgit weakened 0.09% to 2.9892 versus the US dollar; crude palm oil futures for the third month delivery rose RM20 per tonne to RM3,240, crude oil slipped US$1.44 per barrel to US$101.11 and gold fell US$4.27 an ounce to US$1,509.48.
At the regional markets, Japan's Nikkei 225 edged up 0.07% to 9,800.97, while the Shanghai Composite Index and Singapore's Straits Times Index rose 0.32% each to 2,881.57 and 3,146.94 respectively.
Taiwan's Taiex, however, shed 0.23% to 9,014.70.
The Hong Kong and South Korea stock exchanges were closed for a public holiday to commemorate the birthday of Buddha.
On Bursa Malaysia, Nestle was the top gainer this morning and added 58 sen to RM47.70.
HLFG gained 32 sen to RM11.10, Hong Leong Bank up 26 sen to RM11.46, Lebar Daun, Malaysia Smelting Corp and HPI up 17 sen each to 98 sen, RM4.55 and RM3.20 respectively, while Panasonic, United PLANTATION []s and Batu Kawan added 16 sen each to RM22.80, RM17.80 and RM15.66 respectively.
Newly-listed Mclean Technologies was the most actively traded counter. Its shares rose 7.5 sen to 59.5 sen with 53.68 million shares traded while its warrants added 19.5 sen to 20 sen with 21.72 million units done.
Other actives included DBE Gurney, Hubline, HWGB, Focus Point, Sumatec and YTL Power.
Among the decliners, F&N fell 70 sen to RM19.04, DiGi lost 36 sen to RM29.24, Southern Acids 27 sen to RM2.29, Taliworks 11 sen to RM1.13, Petronas Dagangan 10 sen to RM15.48, Cypark nine sen to RM2.70, Coastal eight sen to RM3.50 and Iretex seven sen to RM1.13.
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