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Investors continue to exit Asian markets
by hlk Tue 06 Dec 2011, 13:52
KUALA LUMPUR: Asian markets continued to slide downwards after the morning session due to gloomy outlook for 15 European Union countries.
Nymex crude oil hovered at US$100 per barrel while spot gold fell 0.70% to US$1,710.58 per ounce.
The FBM KLCI Index fell 0.66% to 1,480.05 at its midday close, improving slightly after the morning session. The Nikkei 225 Index saw a futher drop of 1.24% to 8,588.46, the Hang Seng Index followed suit by falling 1.51% to 18,889.76 and Shanghai's A shares index fell nearly 0.80% to 2,315.12. The Kospi Index dropped 1.04% to 1,902.88 while the Straits Times Index fell close to a percent to 2,740.58.
At Bursa, loser outpaced gainers at 404 versus 199 while 268 remained unchanged. Total volume traded was 13.6 million with a turnover of RM617.8 million. Kuala Lumpur Kepong Bhd fell 34 sen to RM21.64 while Nestle (Malaysia) Bhd fell 20 sen to RM53. Proton Holdings Bhd, who halted trading for an hour between 10.20am till 11.20am fell 11 sen to RM4.39. Dutch Lady Milk Industries Bhd rose 20 sen to RM25.10, Tradewinds Plantation Bhd gained 13 sen to RM4.55 while United Plantations Bhd gained 12 sen to RM18.48.
The ringgit weakened slightly against the US dolar at 3.138 from its opening versus the euro at 4.197.
Nymex crude oil hovered at US$100 per barrel while spot gold fell 0.70% to US$1,710.58 per ounce.
The FBM KLCI Index fell 0.66% to 1,480.05 at its midday close, improving slightly after the morning session. The Nikkei 225 Index saw a futher drop of 1.24% to 8,588.46, the Hang Seng Index followed suit by falling 1.51% to 18,889.76 and Shanghai's A shares index fell nearly 0.80% to 2,315.12. The Kospi Index dropped 1.04% to 1,902.88 while the Straits Times Index fell close to a percent to 2,740.58.
At Bursa, loser outpaced gainers at 404 versus 199 while 268 remained unchanged. Total volume traded was 13.6 million with a turnover of RM617.8 million. Kuala Lumpur Kepong Bhd fell 34 sen to RM21.64 while Nestle (Malaysia) Bhd fell 20 sen to RM53. Proton Holdings Bhd, who halted trading for an hour between 10.20am till 11.20am fell 11 sen to RM4.39. Dutch Lady Milk Industries Bhd rose 20 sen to RM25.10, Tradewinds Plantation Bhd gained 13 sen to RM4.55 while United Plantations Bhd gained 12 sen to RM18.48.
The ringgit weakened slightly against the US dolar at 3.138 from its opening versus the euro at 4.197.
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