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KLCI posts biggest loss in recent weeks
by hlk Thu 26 Jul 2012, 17:26
KUALA LUMPUR: Profit taking on blue chips picked up pace in late
afternoon on Thursday, which saw the FBM KLCI recording its biggest
decline in recent weeks, with plantations among the biggest losers.
At
4.37pm, the KLCI was down 12.06 points to 1,623.03. Turnover was 1.06
billion shares valued at RM1.60bil. Losers beat gainers 480 to 235
while 349 counters were unchanged.
Bloomberg reported China's
stocks fell to the lowest level since March 2009 as speculation the
government will maintain real-estate curbs overshadowed a State Council
plan to develop the nation's central provinces.
Among the plantations, KLK fell 58 sen to RM23.58, United Plantations 50 sen to RM25, Sime Darby 15 sen to RM9.80 and PPB 14 sen to RM15.34.
BAT fell the most, down RM1.58 to RM59.42, UMW shed 32 sen to RM9.50 and TM 16 sen to RM5.99.
afternoon on Thursday, which saw the FBM KLCI recording its biggest
decline in recent weeks, with plantations among the biggest losers.
At
4.37pm, the KLCI was down 12.06 points to 1,623.03. Turnover was 1.06
billion shares valued at RM1.60bil. Losers beat gainers 480 to 235
while 349 counters were unchanged.
Bloomberg reported China's
stocks fell to the lowest level since March 2009 as speculation the
government will maintain real-estate curbs overshadowed a State Council
plan to develop the nation's central provinces.
Among the plantations, KLK fell 58 sen to RM23.58, United Plantations 50 sen to RM25, Sime Darby 15 sen to RM9.80 and PPB 14 sen to RM15.34.
BAT fell the most, down RM1.58 to RM59.42, UMW shed 32 sen to RM9.50 and TM 16 sen to RM5.99.
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