Mid-morning Market KLCI dips 0.3%, select blue chips weigh

Business & Markets 2013
Written by Surin Murugiah of theedgemalaysia.com
Thursday, 09 May 2013 10:41
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KUALA LUMPUR (May 9): The FBM KLCI fell 0.3% at mid-morning on
Thursday, as profit taking on select blue chips weighed on the local
index.
At 10.10am, the FBM KLCI lost 5.71 points to 1,768.29.
Gainers led losers by 261to 163, while 202 counters traded
unchanged. Volume was 601.57 million shares valued at RM397.62
million.
The top losers at mid-morning included Nestle, Petronas Dagangan,
CIMB, Bintulu Port, Maybank, Public Bank, Aeon, I-BHD [] and Batu
Kawan.
The actives included MAS, CLIQ, Luster, Alam Maritim, Daya Materials,
Zelan, Tiger Synergy, Scomi and Mulpha.
The gainers meanwhile included BAT, KLCC, Panasonic, IOI Corp, Aeon Credit, Gold IS, Ekovest, GAB, Genting PLANTATION
[]s and Cycle & Carriage.
Meanwhile, encouraging global data and Wall Street's extended record run underpinning Asian shares on Thursday, with
Japanese stocks leading the way to within striking distance of fresh five-year highs, according to Reuters.
Global equities and the euro rose overnight, buoyed by strong Chinese trade data and signs that Germany may escape a
sharp slowdown after the euro zone's largest economy said its industrial output unexpectedly rose in March, following a
similarly surprising rise in industrial orders, it said.