Public Bank, PetChem weigh on KLCI, Supermax call warrants surge

At Bursa on Thursday, foreign funds were net sellers at RM231.5mil and local retail investors at RM32.6mil but the selling was well absorbed by local institutions which were net buyers at RM264.1mil.

KUALA LUMPUR: Public Bank and Petronas Chemicals weighed on the FBM KLCI early Friday after the weaker overnight close on Wall Street added caution to key Asian markets. However, glove makers were top gainers, led by Supermax and its call warrants

At 9.17am, the FBM KLCI was down 6.24 points or 0.39% to 1,577.01. Turnover was one billion shares valued at RM519.44mil. There were 243 gainers, 287 losers and 342 counters unchanged.