FBM KLCI down in early trade in Wednesday

Well.. market seems still unstable for Wednesday. FBM KLCI was down 6.11 points, or 0.41% at 1,479.12 in early trade on Wednesday, alongside a decline seen among some regional peers due weaker investor sentiment. Turnover was 226.30 million shares done valued at RM281.08 million. There were 121 gainers, 360 losers and 222 stocks unchanged.

Petronas Chemicals Group Bhd, which listed on the Main Market of the local stock exchange last Friday, saw its share price down 4 sen to RM5.31 per share with 10.6 million shares done. QSR Brand Bhd shed 13 sen to RM5.80 per share. Meanwhile, regional peers were mixed in their early trade with Shanghai SE Composite down 0.6% to 2,803.35, Kopsi gained 0.21% to 1,908.66 and Singapore's STI down 0.5% to 3,128,98. The ringgit against the US dollar was quoted at 3.1596 against yesterday's close at 3.1635. Crude oil was up at US$84.27, from yesterday's close of US$84.11. Palm oil futures on the Malaysia Derivatives Exchange was up RM46 to RM3458 per tonne.(Star Online)