Friday 29 Mar 2024
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KUALA LUMPUR: Trading was thin in the morning session on Monday, Oct 5, in the absence of strong corporate leads and lack of interest from institutional investors while all key Asian markets were in the red.

At 12.30pm, the FBM KLCI fell 1.6 points to 1,204.65. Turnover was 245.94 million shares valued at RM325.75 million compared with 318.06 million units valued at RM370.76 million in Friday's morning session. Losers beat gainers 353 to 127 while 187 stocks were unchanged.

Light crude oil fell six cents to US$69.89 while crude palm oil futures added RM13 to RM2,053.

Japan's Nikkei 225 fell 0.4%to 9,693.12, Singapore's Straits Times Index 1% lower at 2,578.64, Hong Kong's Hang Seng Index 0.2% lower at 20,340.48.

UAC fell the most, down 24 sen to RM3 but in thin trade while PacificMas lost 16 sen to RM3.74 and Bintulu Port 12 sen lower to RM6.21.

E&O fell 13 sen to RM1.23 in active trade while NSTP gave up 11 sen to RM2.07 on expectations of lower takeover offer by Media Prima.

Sanichi was the most active with 25 million shares done, falling three sen to 11.5 sen.

CCM Duopharma Biotech rose two sen to RM2.52, rebounding after it hit limit down in early trade which could have been due to a wrong keying in of order.

Hong Leong Financial group rose 32 sen to RM5.60 while Top Glove added 26 sen to RM7.42 on a recent upgrade by OSK Research. Jetson added 10 sen to RM1.84 as interest resumed after the sharp fall last week.

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