Genting slumped 15 sen to RM6.80 and erased 1.01 points while GentingM was down three sen to RM3.25 following the recent corporate news which were viewed as negative by investors.
KUALA LUMPUR: Equity markets continued to slide on Friday as uncertainty over US President Donald Trump's administration grew following the firing of his national security advisor and a subpeona was issued for documents relating to the president's businesses.
At 12.30pm, the FBM KLCI was 3.48 points lower at 1,843.48. Turnover was 1.45 billion shares with a value of RM897.86mil. There were 415 decliners versus 312 advancers with 391 counters unchanged.
Maybank led declines with a 10 sen slide to RM10.26. Digi dropped six sen to RM4.59 while Maxis dipped four sen to RM5.60.
Among other laggards, Press Metal
Aluminium fell 18 sen to RM4.81.
Axiata was a leading gainer in the morning session, rising 16 sen to RM5.36.
Meanwhile, Nestle rebounded after two days of steep declines, gaining RM1.50 to RM132.50.
Other consumer goods stocks followed suit with F&N rising 64 sen to RM31.64 and Dutch Lady gained 24 sen to RM67.78.
On the losing end of the market, however, Carlsberg dropped 44 sen to RM19.10, Padini slipped 11 sen to RM4.76 and KESM lost 26 sen to RM19.80.
Oil prices slipped slightly on Friday amid concerns over rising supply from the US and higher commercial oil inventories in industrialised nations was showed in Janaury.
WTI crude gained four cents to US$67.15 a barrel and Brent crude rose five cents to US$65.07 a barrel.
In currencies, the ringgit weakened 0.13 against the US dollar at 3.9230. It strengthened 0.12 against the pound sterling at 5.4663 and 0.25% against the Singapore dollar at 2.9842.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
