KUALA LUMPUR: Blue chips fell in thin trade in the early session on Wednesday, May 25 with PPB, KL Kepong and RHB Capital among the decliners.
At 9.20am, the FBM KLCI fell 1.13 points to 1,530.99. Turnover was 77.74 million shares valued at RM90.55 million. There were 115 gainers, 119 losers and 144 stocks unchanged.
Maybank Investment Research said the FBM KLCI rebounded 3.14 points to close at 1,532.12 on Tuesday but its resistance areas of 1,532 and 1,550 will cap market gains, whilst the obvious support areas are located at 1,511 and 1,530.
"Due to the DJIA's weaker tone last night, we will see some benign trading activities today,' it said.
PPB fell the most, down 22 sen to RM17.18, KLK 12 sen to RM21.54, RHB Cap and HLFG eight sen each to RM9.16 and RM11.36 while Tradewinds shed eight sen to RM10.14.
Keck Seng lost 10 sen to RM4.33 on weaker financial results. Heavea lost 11.5 sen to 88 sen and its warrants, Hevea-WB shed 6.5 sen to 42 sen.
At 9.20am, the FBM KLCI fell 1.13 points to 1,530.99. Turnover was 77.74 million shares valued at RM90.55 million. There were 115 gainers, 119 losers and 144 stocks unchanged.
Maybank Investment Research said the FBM KLCI rebounded 3.14 points to close at 1,532.12 on Tuesday but its resistance areas of 1,532 and 1,550 will cap market gains, whilst the obvious support areas are located at 1,511 and 1,530.
"Due to the DJIA's weaker tone last night, we will see some benign trading activities today,' it said.
PPB fell the most, down 22 sen to RM17.18, KLK 12 sen to RM21.54, RHB Cap and HLFG eight sen each to RM9.16 and RM11.36 while Tradewinds shed eight sen to RM10.14.
Keck Seng lost 10 sen to RM4.33 on weaker financial results. Heavea lost 11.5 sen to 88 sen and its warrants, Hevea-WB shed 6.5 sen to 42 sen.
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