KUALA LUMPUR: The FBM KLCI remained deep in negative area, in line with global equity markets, as the after effects over missed goals in the US August inflation data continued.
At 12. 30pm, the key index has been down 12. five points to 1, 475. 34. There were 632 decliners compared with 292 gainers.
Trading volume was one 46 billion gives valued at RM773. 61mil.
Over night, the US Labor Department announced its consumer price index acquired 0. 1% in August over the prior month, dashing anticipation of a 0. one decline, while core inflation doubled in order to 0. 6%.
Asian markets tumbled in the open, erasing benefits made over the past week.
Japan’s Nikkei was down 2 . 45% to twenty-seven, 912, South Korea’s Kospi fell 1 . 5% to two, 413 while China’s composite index slid 1% to several, 230.
Within Hong Kong, the Hang Seng was down second . 5% to 18, 834 and Australia’s ASX200 declined 2 . 4% to 6, 844.
Back home, leading laggards were Tenaga Nasional down 16 sen to RM8. 79, Maxis falling 11 sen to RM3. 76 and Digi dropping 9 sen to RM3. 52.
Banks lost ground with Maybank dropping two sen to RM8. 90, CIMB shedding six sen to RM5. 39, General public Bank slipping one particular sen to RM4. 51 and Hong Leong Bank falling 16 sen to RM20. 78.
Technology counters had been among the most affected since the prospect of more aggressive US Government Reserve rate hike sent the Nasdaq plunging over 5%.
On Bursa, MPI fell 80 sen to RM29. 20, Vitrox lowered 21 sen to RM7. 34 and KESM lost 18 sen to RM6. 96.
Top actives were Velesto 
down 0. 5 sen to 11 sen, Metronic up 0. 5 sen to three sen and SNS down 0. 5 sen to twenty-eight. 5 sen.