Friday, August 19, 2011

Selling pressure gathers pace, KLCI falls 20pts

KUALA LUMPUR: Selling pressure picked up pace in the afternoon on Friday, Aug 19, with the benchmark FBM KLCI falling more than 20 points.

At 3.15pm, the KLCI was down 21.36 points to 1,481.94. Turnover was 592.05 million shares valued at RM1.29 billion.'' Losers battered gainers 668 to 83 while 175 stocks were unchanged.

PPB fell 36 sen to RM17.14, Genting 30 sen to RM9.68, UMW 26 sen to RM7.19, MISC and CIMB 20 sen each to RM7.10 and RM7.95 and Tenaga 15 sen to RM5.58.

Petroliam Chemicals was the most active with 20.70 million shares done, sliding 17 sen to RM6.41 while Dialog gave up 10 sen to RM2.60.

Among the airlines, AirAsia fell nine sen to RM3.63 and MAS seven sen to RM1.68.

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