Thursday, December 29, 2011

Renewed external worries weigh down KLCI

KUALA LUMPUR (Dec 29): The FBM KLCI fell in early trade and slipped below the 1,500-point level, in line with the dip at regional markets.

US and European shares fell overnight on renewed concerns over euro zone sovereign debt turmoil.

At 9.05am, the FBM KLCI lost 4.78 points to 1,499.33, weighed by losses at key blue chips on profit taking.

Losers led gainers by 64 to 50, while 101 counters traded unchanged. Volume was 45.61 million shares valued at RM19.25 million.

Among the early decliners were KLK, Nestle, Genting, IOI Corp, IJM Corp, Pos Malaysia, Supermax and CIMB.

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