Malaysia's blue chips fall more than 6pts in early trade

KUALA LUMPUR: Malaysia's FBM KLCI opened more than six points lower
on Thursday on extended profit taking of key stocks like KL Kepong and
banks, ahead of the extended weekend.
At 9am, the KLCI was down
6.32 points to 1,777.56. Turnover was 28.62 million shares valued at
RM19.92mil. There were 59 gainers, 84 losers and 126 counters unchanged.
Stock
market data showed foreign funds were net sellers on Wednesday at
RM13.4mil while retail investors turned net sellers at RM1.2mil while
local funds were net buyers at RM14.6mil.
Deleum
fell the most, down 13 sen to RM3.49 on weaker financial performance.
Motor-to-oil and gas player UUMW fell 10 sen to RM14.22 and power giant
Tenaga shed eight sen to RM8.26.
Other decliners were KL Kepong, down 12 sen to RM21.58 and PPB Group eight sen lower at RM13.68.
Among the banks, HL Bank fell 10 sen to RM14.20 while Public Bank and HLFG shed eight sen each to RM16.70 and RM15.32.