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Blue chips fall in early trade, banks weigh
by hlk Thu 06 Sep 2012, 12:25
KUALA LUMPUR: Blue chips extended their losses in early trade on Wednesday, with some selling seen in banking stocks and Axiata but trading volume was relatively thin but Hwang DBS Vickers Research expects a mild technical rebound later.
At
9.03am, the FBM KLCI fell 6.98 points to 1,634.03. Turnover was 30.29
million shares valued at RM15.14mil. There were 47 gainers, 68 losers
and 104 counters unchanged.
Petronas Gas and BAT fell 18 sen each to RM19 and RM62.82, UMW 17 sen to RM9.99 while Petronas Dagangan lost 12 sen to RM21.76 and Axiata six sen lower at RM6.16.
Hong Leong Bank fell 14 sen to RM13.30, CIMB eight sen to RM7.66 and AmBank six sen to RM6.30 but Maybank rose three sen to RM9.17.
Ingenuity Solutions rose 3.5 sen to 26.5 sen in active trade.
Nestle rose 40 sen to RM64.30, HLFG 12 sen to RM11.96 and Lafarge six sen higher at RM8.66.
At
9.03am, the FBM KLCI fell 6.98 points to 1,634.03. Turnover was 30.29
million shares valued at RM15.14mil. There were 47 gainers, 68 losers
and 104 counters unchanged.
Petronas Gas and BAT fell 18 sen each to RM19 and RM62.82, UMW 17 sen to RM9.99 while Petronas Dagangan lost 12 sen to RM21.76 and Axiata six sen lower at RM6.16.
Hong Leong Bank fell 14 sen to RM13.30, CIMB eight sen to RM7.66 and AmBank six sen to RM6.30 but Maybank rose three sen to RM9.17.
Ingenuity Solutions rose 3.5 sen to 26.5 sen in active trade.
Nestle rose 40 sen to RM64.30, HLFG 12 sen to RM11.96 and Lafarge six sen higher at RM8.66.
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