KUALA LUMPUR: The FBM KLCI started the first trading day of the fourth quarter of 2011 on Monday, Oct 3 in the red, in line with the losses at key Asian markets and the gloomy outlook at global market.
At 9.05am, the FBM KLCI fell 8.37 points to 1,378.76, as losers beat gainers by 119 to 43, while 75 counters traded unchanged.
Asian stocks and the euro fell on Monday on deepening concerns that the euro zone's debt crisis will dampen global growth, while gold gained as investors shunned risk assets and looked for a safe haven, according to Reuters.
MSCI's broadest index of Asia Pacific shares outside Japan fell 0.74%, while Japan's Nikkei fell 2%, it said.
Among the early decliners on Bursa Malaysia were Nestle, Hong Leong Bank, GAB, Media Prima, APM Automotive, Maybank, IJM PLANTATION [], KLK and Petronas Chemicals.
At 9.05am, the FBM KLCI fell 8.37 points to 1,378.76, as losers beat gainers by 119 to 43, while 75 counters traded unchanged.
Asian stocks and the euro fell on Monday on deepening concerns that the euro zone's debt crisis will dampen global growth, while gold gained as investors shunned risk assets and looked for a safe haven, according to Reuters.
MSCI's broadest index of Asia Pacific shares outside Japan fell 0.74%, while Japan's Nikkei fell 2%, it said.
Among the early decliners on Bursa Malaysia were Nestle, Hong Leong Bank, GAB, Media Prima, APM Automotive, Maybank, IJM PLANTATION [], KLK and Petronas Chemicals.
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