Bursa down reflecting regional market movements

Tuesday, July 26, 2011

KUALA LUMPUR: The FBM KLCI continued to dip, with 5.46 points or 0.35% down to 1559.60 today following weaker investor sentiment that also affected the regional market performance.

Leading gainers and losers showed conservative trading. Top gainers were COASTAL-WA, which rose 30 sen to RM0.305, KLK gained 20 sen to RM21.70 while BRDB-WA gaining 19.5 sen to RM0.98.

Top losers were DRBHCOM which slid 33 sen to RM1.95, GENTING which lost 22sen to RM10.50 and SINDORA which dipped 21 sen to RM2.39.

On the local bourse, decliners outpaced advancers by 505 to 203 while 291 other counters were traded unchanged. There were 857.4 million shares done with a total turnover of RM1361.27 million.

Regional bourses closed weaker as well. Tokyo's Nikkei 225 fell 0.81% to 10050.01 and Hong Kong's Hang Seng Index was down 0.68% to 22293.29.

Shanghai's A index was down 2.96% to 2688.75, Taiwan's Taeix Index fell 0.93% to 8683.51 while Seoul's Kospi Index dropped 0.96% to 2150.48. Singapore's Straits Times Index slid 0.40% to 3170.09.

Nymex crude oil lost 64 cents to US$99.23 per barrel. Spot gold gained US$17.58 to US$1,618.91 per ounce while silver rose US$0.79 to US$40.87. The ringgit was quoted at 2.9729 to the US dollar and 4.2719 to the euro.

source: thestar


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