KUALA LUMPUR: The FBM KLCI started the week beginning Monday, Sept 12 on a weaker note in line with key regional markets, following growing worries of the European debt crisis and global economy.
Asian stocks fell and the euro remained under pressure on Monday after the resignation of a top German European Central Bank board member cast further doubt on Europe's ability to tackle its worsening sovereign debt crisis, according to Reuters.
At 9.15am, the FBM KLCI fell 7 points to 1,462.12, weighed by losses at blue chips including Genting, IOI Corp, Public Bank and Tenaga.
Market breadth was negative with 159 losers and 45 gainers, while 61 counters traded unchanged. Volume was 47.13 million shares valued at RM30.41 million.
Among the losers, Genting fell 15 sen to RM9.62, IOI Corp nine sen to RM4.69, Tradewinds PLANTATION []s eight sen to RM3.50, Esso seven sen to RM3.61, TH Plantations, Pintaras, Media Prima and Public Bank six sen each to RM2, RM2.45, RM2.60 and RM12.94 respectively, while Tenaga and Petronas Chemicals fell five sen each to RM5.24 and RM6.35.
Asian stocks fell and the euro remained under pressure on Monday after the resignation of a top German European Central Bank board member cast further doubt on Europe's ability to tackle its worsening sovereign debt crisis, according to Reuters.
At 9.15am, the FBM KLCI fell 7 points to 1,462.12, weighed by losses at blue chips including Genting, IOI Corp, Public Bank and Tenaga.
Market breadth was negative with 159 losers and 45 gainers, while 61 counters traded unchanged. Volume was 47.13 million shares valued at RM30.41 million.
Among the losers, Genting fell 15 sen to RM9.62, IOI Corp nine sen to RM4.69, Tradewinds PLANTATION []s eight sen to RM3.50, Esso seven sen to RM3.61, TH Plantations, Pintaras, Media Prima and Public Bank six sen each to RM2, RM2.45, RM2.60 and RM12.94 respectively, while Tenaga and Petronas Chemicals fell five sen each to RM5.24 and RM6.35.
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