KUALA LUMPUR: Blue chips fell early Tuesday with MAHB weighing on the FBM KLCI (Stock Investment Tips) notwithstanding the firmer unrefined petroleum costs and ringgit.
At 9.54am (Stock Investment Tips),
the KLCI was down 2.7 focuses or 0.15% to 1,761.33. Turnover was 742.36 million offers esteemed at RM226.25mil. There were 216 gainers, 227 washouts and 304 counters unaltered.
The ringgit rose 0.19% to 4.222 from the past close of 4.23.
Hong Leong Investment Bank (HLIB)
Research said with no crisp impetus, the KLCI’s (Stock Picks) recuperation was probably going to be stifled and the upside might be topped along 1,770 to 1,775.
“Be that as it may, stocks inside the development division could stay dynamic with the capability of more LRT3 occupations to be doled out in the close term,” it said.
Oil costs were steady on Tuesday as Opec said there were clear signs the market was rebalancing and as US creation remained disconnected after Hurricane Nate (Stock Tips), Reuters detailed.
US West Texas Intermediate (WTI)
unrefined prospects were exchanging at US$49.66 per barrel at 0054 GMT, up eight pennies, or 0.16%, from their last close.
Brent unrefined prospects, the worldwide benchmark at oil costs, were up five pennies, or 0.1%, at US$55.84 a barrel.
Serba Dinamik increased eight sen to RM2.41. Refiner Hengyuan lost five sen to RM8.30 yet Petron added 10 sen to RM11.42.
Back up plan Allianz fell 10 sen to RM14 with 7,000 offers done yet LPI rose 12 sen to RM18.18 after it announced more grounded Q3 profit.
fell five sen to RM8.27 with 204,800 offers done (Share Investment Tips), demonstrating some store offering.
Ibraco lost 6.5 sen to 85 sen, SAM Engineering six sen bring down at RM7.36, SMCap 4.5 sen to 54 sen while Mulpha was down four sen to RM2.45.
BAT was the best gainer, up 18 sen to RM43.18, Lii Hen increased nine sen to RM4.10 while Mercury added eight sen to RM1.87.
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