KUALA LUMPUR: All key Asian markets were in the red at midday on Tuesday as investors decided to lock in gains from Monday's surge, as they turned cautious about the 100bil euro lifeline for Spain's banks.
At Bursa Malaysia, Genting Bhd, CIMB and BAT were the main drag on the FBM KLCI. The flip-flop in market sentiment was because investors were not fully convinced the debt crisis in Europe could be contained.
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