KUALA LUMPUR: The FBM KLCI dipped more than 1.2% in early trade on Tuesday, Oct 18 in line with the overnight fall at Wall Street and weaker opening at key regional markets on concerns that the euro zone debt crisis would take longer to be resolved.
Asian stocks and commodities fell on Tuesday after Germany's finance minister cautioned against hopes for a quick fix to Europe's debt problem, reminding investors not to become too optimistic about a rapid development to the two-year-old crisis, according to Reuters.
At 9.05am, the FBM KLCI lost 17.93 points to 1,447.42.
Losers beat gainers by 267 to 34, while 68 counters traded unchanged. Volume was 78.55 million shares valued at RM50.12 million.
Among the early losers were DiGi, HLFG, KLK, PPB, Hong Leong bank, Tenaga, KFCH, MMHE, MSM and Genting.
Asian stocks and commodities fell on Tuesday after Germany's finance minister cautioned against hopes for a quick fix to Europe's debt problem, reminding investors not to become too optimistic about a rapid development to the two-year-old crisis, according to Reuters.
At 9.05am, the FBM KLCI lost 17.93 points to 1,447.42.
Losers beat gainers by 267 to 34, while 68 counters traded unchanged. Volume was 78.55 million shares valued at RM50.12 million.
Among the early losers were DiGi, HLFG, KLK, PPB, Hong Leong bank, Tenaga, KFCH, MMHE, MSM and Genting.
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