Barefoot Investor: FBM KLCI down at mid-morning

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) retracts 5.53 points to 1,589.21 at 10.15 a.m. this morning.


Turnover was at RM163.9mil involving the trading of 168 million shares.
Leading the local bourse were the losers with 231 counters down, 165 up and 221 remained unchanged.

The top three gainers were Nestle that increased by 40 sen to RM47.70, Panamy climbed 28 sen to RM24.40 and KLK was up 16 sen RM22.82.

For the heavyweights, CIMB slid 7 sen to RM8.85, Axiata was down 3 sen to RM5.02 and Maxis remained unchanged at RM5.50.


On regional bourses, Nikkei 225 was down 48.17 points to 10,089.56, the Shanghai Composite was 11.48 points to 2,786.29 and the Hang Seng Index slid 228.44 points to 22,497.99.

Others like the Taiwan Taiex Index also fell by 84.58 points to 8,664.97, Kospi Index decrease by 17.90 points to 2,162.45 while the Straits Times Index was also down by 22.80 points to 3,128.48.

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