Malaysia’s blue chips extended their losses at midday on Monday, with Petronas stocks and banks taking the lead in line with the weak key Asian markets.
The FBM KLCI fell 12.84 points or 0.75% to 1,645.13 despite China’s effort to stabilise currency markets by keeping its yuan rate steady. Twenty-three out of 30 of the KLCI’s component stocks fell.
Total turnover was one billion shares valued at RM757.82 mil. The broader market was negative with decliners outnumbering advancers by two to one. There were 556 losers to 274 gainers and 273 stocks unchanged.
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The FBM KLCI fell 12.84 points or 0.75% to 1,645.13 despite China’s effort to stabilise currency markets by keeping its yuan rate steady. Twenty-three out of 30 of the KLCI’s component stocks fell.
Total turnover was one billion shares valued at RM757.82 mil. The broader market was negative with decliners outnumbering advancers by two to one. There were 556 losers to 274 gainers and 273 stocks unchanged.
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