KUALA LUMPUR:Banking stocks including RHB Capital, CIMB and AMMB helped cushion the losses on Bursa Malaysia in the morning session on on Monday, June 27 amid a cautious market, where key Asian markets fell on Greek woes.
At 12.30pm, the KLCI fell 0.07% or 1.17 points to 1,563.49 but off the low of 1,560.32. Losers beat gainers by 371 to 187, while 283 counters traded unchanged. Volume was 420.95 million shares valued at RM552.23 million.
The ringgit weakened 0.62% to 3.0588 versus the US dollar; crude palm oil futures for the third month delivery fell RM26 per tonne to RM3,091, crude oil slipped 50 cents per barrel to US$90.66 while gold gained US$1.80 an ounce to US$1,504.45.
The FBM KLCI pared down its losses at the mid-day break on Monday, June 27 as banking stocks including RHB Capital, CIMB and AMMB advanced in late morning.
Investor sentiment at regional markets remained tepid ahead of a Greek vote on unpopular fiscal austerity measures this week that may sow doubts about financial stability in Europe.
At the regional markets, Japan's Nikkei 225 fell 0.60% to 9,620.72, Hong Kong's Hang Seng Index down 0.66% to 22,025.35, Taiwan's Taiex was 0.29% lower at 8,508.21, South Korea's Kospi lost 0.70% to 2,076.12 and Singapore's Straits Times Index shed 0.64% to 3,047.32.
However, the Shanghai Composite Index added 0.40% to 2,757.31.
On Bursa Malaysia, Far East led the losers and was down 25 sen to RM7.20; Genting fell 24 sen to RM11, Shell and HLFG fell 18 sen each to RM10.42 and RM12.82, Lafarge Malayan Cement down 16 sen to RM7.42, Kenmark 14 sen to RM1.06, Esso 12 sen to RM4.95, Malayan Flour Mills 11 sen to RM7.63 and Subur Tiasa down 10 sen to RM2.69.
Among the gainers, Nestle was up 30 sen to RM47.80, Panasonic 18 sen to RM24.80, RHB Capital 17 sen to RM8.92, CIMB and IJM Corp 10 sen each to RM8.78 and RM6.49, AirAsia eight sen to RM3.37, AMMB seven sen to RM6.51, while Dijaya Corp and Cocoaland were up six sen each to RM1.44 and RM2.08.
HWGB was the most actively traded counter with 20.89 million shares done. The stock added two sen to 44 sen.
Other actives included Focus, Karambunai, MAA, Ingenuity Solutions, Olympia, Tanco and Jotech.
At 12.30pm, the KLCI fell 0.07% or 1.17 points to 1,563.49 but off the low of 1,560.32. Losers beat gainers by 371 to 187, while 283 counters traded unchanged. Volume was 420.95 million shares valued at RM552.23 million.
The ringgit weakened 0.62% to 3.0588 versus the US dollar; crude palm oil futures for the third month delivery fell RM26 per tonne to RM3,091, crude oil slipped 50 cents per barrel to US$90.66 while gold gained US$1.80 an ounce to US$1,504.45.
The FBM KLCI pared down its losses at the mid-day break on Monday, June 27 as banking stocks including RHB Capital, CIMB and AMMB advanced in late morning.
Investor sentiment at regional markets remained tepid ahead of a Greek vote on unpopular fiscal austerity measures this week that may sow doubts about financial stability in Europe.
At the regional markets, Japan's Nikkei 225 fell 0.60% to 9,620.72, Hong Kong's Hang Seng Index down 0.66% to 22,025.35, Taiwan's Taiex was 0.29% lower at 8,508.21, South Korea's Kospi lost 0.70% to 2,076.12 and Singapore's Straits Times Index shed 0.64% to 3,047.32.
However, the Shanghai Composite Index added 0.40% to 2,757.31.
On Bursa Malaysia, Far East led the losers and was down 25 sen to RM7.20; Genting fell 24 sen to RM11, Shell and HLFG fell 18 sen each to RM10.42 and RM12.82, Lafarge Malayan Cement down 16 sen to RM7.42, Kenmark 14 sen to RM1.06, Esso 12 sen to RM4.95, Malayan Flour Mills 11 sen to RM7.63 and Subur Tiasa down 10 sen to RM2.69.
Among the gainers, Nestle was up 30 sen to RM47.80, Panasonic 18 sen to RM24.80, RHB Capital 17 sen to RM8.92, CIMB and IJM Corp 10 sen each to RM8.78 and RM6.49, AirAsia eight sen to RM3.37, AMMB seven sen to RM6.51, while Dijaya Corp and Cocoaland were up six sen each to RM1.44 and RM2.08.
HWGB was the most actively traded counter with 20.89 million shares done. The stock added two sen to 44 sen.
Other actives included Focus, Karambunai, MAA, Ingenuity Solutions, Olympia, Tanco and Jotech.
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