KLCI down on lack of buying interest


KUALA LUMPUR: The FBM KLCI was down nearly three points at midday on Tuesday in lacklustre trading despite the fairly stronger regional equities, with the broader market seen weaker from lack of buying catalysts.

At 12.30pm, the KLCI was down 2.62 points to 1,825.31. Turnover was 758.17 million shares valued at RM1.29bil. There were 191 gainers, 496 decliners and 279 counters unchanged.

Reuters reported that world equity markets hit their highest level in more than a month on Monday, lifted by a deal to give global investors easier access to China's US$3.9tril stock market and more gains in US equities.

At Bursa Malaysia, Uzma fell 20 sen to RM2.69, MAHB 18 sen to RM6.90 and Kossan 13 sen to RM4.52.

UMW fell 28 sen to RM11.40.

Genting Plantations fell 18 sen to RM10.32 and United Plantations 20 sen to RM25.06.

Gainers were BJAuto, up eight sen to RM3.33 and DKSH 11 sen to RM6.41.

Nestle rose 40 sen to RM68.50 and GAB 16 sen to RM13.38.

KL Kepong rose 12 sen to RM22.98.

Among key regional markets:

Nikkei 225 rose 1.49% to 17,030.25

Hong Kong Hang Seng Index rose 0.63% to 23,893.96

Shanghai Stock Exchange Composite Index rose 1.32% to 2,506.45

Taiwan Stock Exchange Weighted Index fell 0.14% to 9,037.00  

Korea Stock Exchange KOSPI Index rose 0.17% to 1,961.51

Straits Times Index STI fell 0.06% to 3,298.98

Crude oil fell 29 cents to US$77.11 and Brent 20 cents to US$82.14.

Spot gold fell US$2.20 to US$1,149.27.


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