KUAL A LUMPUR: The FBM KLCI pared down its losses to close above the 1,550-point level on Thursday, July 28, as European markets mostly opened in the red on mounting concerns about a US debt default.
The FBM KLCI fell 6.26 points to close at 1,551.91. The index had earlier fallen to its intra-day low of 1,544.96 points.
Market breadth was negative with losers thumping gainers by 480 to 290 while 274 counters traded unchanged. Volume was 1.06 billion shares valued at RM1.75 billion.
At the regional markets, Japan's Nikkei 225 fell 1.45% to 9,901.35, South Korea's Kospi fell 0.85% to 2,155.85, Taiwan'sTaiex declined 0.57% to 8,767.20 and the Shanghai Composite Index lost 0.54% to 2,708.78 and Singapore's Straits Times Index fell 0.12% to 3,189.85.
Meanwhile, Hong Kong's Hang Seng Index edged up 0.13% to 22,570.74.
On Bursa Malaysia, F&N fell 34 sen to RM19.24, Tasek lost 29 sen to RM7.76, PPB, United PLANTATION []s and BAT lost 20 sen each to RM17.30, RM20 and RM46.36 respectively, Hong Leong Bank 18 sen to RM13.32, HLFG 14 sen to RM13.04, while Fima Corp ''and Bursa fell 13 sen each to RM6.06 and RM7.80.
Among the gainers, Nestle rose 26 sen to RM47.68, Yinson 12 sen to RM2.31, Ingress 11.5 sen to 97 sen, KYM 11 sen to RM2.25, Far East 10 sen to RM7.20 and Ekovest nine sen to RM2.81.
Actives included Bumi Armada warrants, CIMB, Hubline, Olympia, Dutaland and Petronas Chemicals.
The FBM KLCI fell 6.26 points to close at 1,551.91. The index had earlier fallen to its intra-day low of 1,544.96 points.
Market breadth was negative with losers thumping gainers by 480 to 290 while 274 counters traded unchanged. Volume was 1.06 billion shares valued at RM1.75 billion.
At the regional markets, Japan's Nikkei 225 fell 1.45% to 9,901.35, South Korea's Kospi fell 0.85% to 2,155.85, Taiwan'sTaiex declined 0.57% to 8,767.20 and the Shanghai Composite Index lost 0.54% to 2,708.78 and Singapore's Straits Times Index fell 0.12% to 3,189.85.
Meanwhile, Hong Kong's Hang Seng Index edged up 0.13% to 22,570.74.
On Bursa Malaysia, F&N fell 34 sen to RM19.24, Tasek lost 29 sen to RM7.76, PPB, United PLANTATION []s and BAT lost 20 sen each to RM17.30, RM20 and RM46.36 respectively, Hong Leong Bank 18 sen to RM13.32, HLFG 14 sen to RM13.04, while Fima Corp ''and Bursa fell 13 sen each to RM6.06 and RM7.80.
Among the gainers, Nestle rose 26 sen to RM47.68, Yinson 12 sen to RM2.31, Ingress 11.5 sen to 97 sen, KYM 11 sen to RM2.25, Far East 10 sen to RM7.20 and Ekovest nine sen to RM2.81.
Actives included Bumi Armada warrants, CIMB, Hubline, Olympia, Dutaland and Petronas Chemicals.
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