KUALA LUMPUR: Market sentiment remained cautious in the morning session on Friday, May 6 in line with regional bourses while commodity prices of oil and silver managed to recover from their earlier plunge.
At Bursa Malaysia, the broader market was weaker at midday, but off the early low. The FBM KLCI had fallen 7.12 points to 1,514.06. Turnover was 421.96 million shares valued at RM611.60 million. Losers beat gainers 426 to 176.
While key blue chips were down, trading volume was relatively thin, except for Petronas Chemicals which came under profit taking.
PPB was the top loser, down 28 sen to RM16.60. It generates most of its revenue from its subsidiary Singapore-listed Wilmar.
Petronas Dagagan fell 24 sen to RM15.40 and Petronas Chemical 11 sen to RM6.97. DiGi fell 18 sen to RM29.02 and Genting 12 sen to RM11.10.
Boilermech, which staged a strong debut on Thursday, shed 11 sen to 71 sen. Its offer price was 33 sen.
Poultry based DBE was the most active with 22.70 million shares done, ending the morning session unchanged at eight sen.
AirAsia bucked the trend, rising seven sen to RM3.07 as investors remaining optimistic about its outlook despite the high oil prices. MAS rose one sen to RM1.79.
F&N rose 14 sen to RM18.54 after posting a strong set of earnings and declaring a bumper dividend. Other gainers were Bintulu Port, up nine sen to RM6.80 and and Perstima eight sen to RM4.88.
At Bursa Malaysia, the broader market was weaker at midday, but off the early low. The FBM KLCI had fallen 7.12 points to 1,514.06. Turnover was 421.96 million shares valued at RM611.60 million. Losers beat gainers 426 to 176.
While key blue chips were down, trading volume was relatively thin, except for Petronas Chemicals which came under profit taking.
PPB was the top loser, down 28 sen to RM16.60. It generates most of its revenue from its subsidiary Singapore-listed Wilmar.
Petronas Dagagan fell 24 sen to RM15.40 and Petronas Chemical 11 sen to RM6.97. DiGi fell 18 sen to RM29.02 and Genting 12 sen to RM11.10.
Boilermech, which staged a strong debut on Thursday, shed 11 sen to 71 sen. Its offer price was 33 sen.
Poultry based DBE was the most active with 22.70 million shares done, ending the morning session unchanged at eight sen.
AirAsia bucked the trend, rising seven sen to RM3.07 as investors remaining optimistic about its outlook despite the high oil prices. MAS rose one sen to RM1.79.
F&N rose 14 sen to RM18.54 after posting a strong set of earnings and declaring a bumper dividend. Other gainers were Bintulu Port, up nine sen to RM6.80 and and Perstima eight sen to RM4.88.
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