KUALA LUMPUR: The FBM KLCI extended its losses at the mid-day break on Tuesday, July 19 as Asian stocks declined, as lingering debt woes in the United States and the euro zone gave investors little incentive to take on risk.
The usual summer lull in trading activity was amplified by a political stalemate in the US over raising the debt ceiling and dealing with the ballooning deficit as well as fears over a potential Greek default, according to Reuters.
The FBM KLCI fell 6.81 points to 1,555.77 at 12.30pm, weighed by losses at banking and select blue chip stocks.
Losers led gainers by 459 to 143, while 258 counters traded unchanged. Volume was 395.25 million shares valued at RM656.27 million.
The ringgit strengthened 0.08% to 3.0120 versus the US dollar; crude palm oil futures for the third month delivery shed RM2 per tonne to RM3,076, crude oil added 23 cents per barrel to US$96.16, and gold fell 28 cents an ounce to US$1,604.57.
At the regional markets, Japan's Nikkei 225 shed 0.48% to 9,926.48, Hong Kong's Hang Seng Index declined 0.29% to 21,740.76, the Shanghai Composite Index fell 0.47% to 2,803.53 while Taiwan's Taiex edged up 0.07% to 8,544.22, South Korea's Kospi rose 0.16% to 2,133.91 and Singapore's Straits Times Index added 0.18% to 3,084.46.
On Bursa Malaysia, banks were among the major losers with CIMB down 11 sen to RM8.45, Hong Leong Bank 10 sen to RM13.34, Maybank six sen to RM8.76 while AMMB, RHB Capital and Public Bank fell two sen each to RM6.35, RM8.98 and RM13.32.
Other losers included Asas that fell 31 sen to RM1.02, Mah Sing down 19 sen to RM2.16, WCT 16 sen to RM2.91, Fima Corp 12 sen to RM6.08, while Carlsberg, Tan Chong, DiGi and KLK fell 10 sen each to RM7.61, RM4.80, RM29.80 and RM21.36 respectively.
Newly-listed Inari was the most actively traded counter with 30.8 million shares done. The stock rose five sen to 43 sen.
Other actives included Axiata, DVM, CIMB, UEM Land, Wijaya, Dialog and Muda.
Gainers included Goldis, MSM, Sindora, JT International, Uzma, United PLANTATION []s, BTM and BIMB.
''
The usual summer lull in trading activity was amplified by a political stalemate in the US over raising the debt ceiling and dealing with the ballooning deficit as well as fears over a potential Greek default, according to Reuters.
The FBM KLCI fell 6.81 points to 1,555.77 at 12.30pm, weighed by losses at banking and select blue chip stocks.
Losers led gainers by 459 to 143, while 258 counters traded unchanged. Volume was 395.25 million shares valued at RM656.27 million.
The ringgit strengthened 0.08% to 3.0120 versus the US dollar; crude palm oil futures for the third month delivery shed RM2 per tonne to RM3,076, crude oil added 23 cents per barrel to US$96.16, and gold fell 28 cents an ounce to US$1,604.57.
At the regional markets, Japan's Nikkei 225 shed 0.48% to 9,926.48, Hong Kong's Hang Seng Index declined 0.29% to 21,740.76, the Shanghai Composite Index fell 0.47% to 2,803.53 while Taiwan's Taiex edged up 0.07% to 8,544.22, South Korea's Kospi rose 0.16% to 2,133.91 and Singapore's Straits Times Index added 0.18% to 3,084.46.
On Bursa Malaysia, banks were among the major losers with CIMB down 11 sen to RM8.45, Hong Leong Bank 10 sen to RM13.34, Maybank six sen to RM8.76 while AMMB, RHB Capital and Public Bank fell two sen each to RM6.35, RM8.98 and RM13.32.
Other losers included Asas that fell 31 sen to RM1.02, Mah Sing down 19 sen to RM2.16, WCT 16 sen to RM2.91, Fima Corp 12 sen to RM6.08, while Carlsberg, Tan Chong, DiGi and KLK fell 10 sen each to RM7.61, RM4.80, RM29.80 and RM21.36 respectively.
Newly-listed Inari was the most actively traded counter with 30.8 million shares done. The stock rose five sen to 43 sen.
Other actives included Axiata, DVM, CIMB, UEM Land, Wijaya, Dialog and Muda.
Gainers included Goldis, MSM, Sindora, JT International, Uzma, United PLANTATION []s, BTM and BIMB.
''
No comments:
Post a Comment