Business

Published: Thursday June 23, 2011 MYT 9:56:00 AM
Updated: Thursday June 23, 2011 MYT 5:25:38 PM

Financial stocks pull FBM KLCI lower


KUALA LUMPUR: The local bourse ended Thursday trade lower with financial stocks weighing on the benchmark FBM KLCI.

At close, the index was down a quarter of a percent to 1,563.19 while most Asian markets were closed lower except for Shanghai's A share index, which advanced 1.47% to 2,688.25.

RHB Capital led losses among financial stocks today, tumbling 57 sen to RM9.03.

Hong Leong Bank fell 44 sen to RM12.90, CIMB lost 4 sen to RM8.51, Maybank was down 2 sen to RM8.82 and Public Bank was 2 sen lower at RM13.20.

Among plantation stocks, IOI lost 3 sen to RM5.33, Sime dropped 2 sen to RM9.17, KLK shed 12 sen to RM21.98 while PPB added 2 sen to RM17.24.

MISC lost 8 sen to RM7.30, Petronas Dagangan gained 2 sen to RM15.88 and Petronas Chemicals was 1 sen higher at RM7.08.

TNB added 1 sen to RM6.75, MMC and YTL Power was unchanged at RM2.78 and RM2.23 respectively.

DiGi lost 10 sen to RM28.90 and TM was 1 sen higher at RM3.87.

Spot gold tumbled US$5.04 to US$1,543.91 per ounce while silver fell 19 cents to US$36.18.

Nymex crude oil shed US$1.64 to US$93.77 per barrel.

The ringgit was quoted at 3.032 to the greenback and 4.329 to the euro.

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