FBM KLCI bucks regional trend to fall 15 points

FBM KLCI bucks regional trend to fall 15 points

KUALA LUMPUR: The FBM KLCI dove sharply over the morning program as investors cashed out recent increases.

At 12. 30pm, the key catalog was down fourteen. 9 points to 1, 483. 06.

The market breadth furthermore turned negative with 439 decliners compared to 277 gainers.

Trading volume was 1 . 38 billion dollars shares valued at RM817. 21mil.

Public Bank fell eight sen in order to RM4. 54 amid active selling while PETRONAS Chemicals fallen 16 sen to RM8. 73.

Other heavyweights in the red included Maybank straight down four sen to RM8. 95, Press Steel losing eight sen to RM4. 81 plus Maxis losing five sen to RM3. 79.

Best actives on the wider market included CSH down 0. 5 sen to 4 sen, Metronic unchanged at three sen and Impiana sliding 0. 5 sen to two sen.

The performance of the domestic market was at chances with the wider local sentiment, which was good ahead of the release people inflation data, which is expected to show price increases had eased in August.

Japan’s Nikkei increased 0. 1% IN ORDER TO 28, 579 and South Korea’s Kospi jumped 2 . 6% to 2, 446.

China’s marketplaces played catch up adopting the mid-Autumn festival vacations.

China’s amalgamated index rose 0. 3% to several, 272 and Hong Kong’s Hang Seng added 0. 4% to 19, 441.

Australia’s ASX200 was up 0. 65% to seven, 009.