Tuesday, September 20, 2011

KLCI falls below 1,410-point level in early trade

KUALA LUMPUR: The FBM KLCI extended its losses in early trade on Tuesday, Sept 20 as Asian markets fell over concerns of a contagion effect of the euro zone debt crisis as well as the downgrade of Italy's credit rating by S&P.

At 9.15am, the FBM KLCI fell 6.62 points to 1,406.50, weighed by losses at key blue chips.

Losers beat gainers by 127 to 52, while 111 counters traded unchanged. Volume was 26.01 million shares valued at RM47.25 million.

Among the early losers were Panasonic, KLK, Petronas Gas, Petronas Dagangan, CIMB, Jaya Tiasa, Maybank, Kulim, Genting and Tradewinds.


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