Monday 13 July 2015

KLCI slips as UMW, Hong Leong Bank top losers

The FBM KLCI fell to a low of 1,707 on Monday, setting the stage for a weak market in the trade-shortened week in the absence of strong catalysts while the ringgit weakened again to the US dollar.

At 10.42am, the FBM KLCI was down 6.06 points or 0.35% to 1,709.52. Turnover was 506.70 million shares valued at RM278.98mil. Losers beat gainers 284 to 177 while 233 counters were unchanged.

The ringgit weakened to 3.7993 from the previous close of 3.7940.

Most key Asian markets, especially China, were firmer in late morning except for Hong Kong.

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