Business

Published: Monday November 26, 2012 MYT 1:55:00 PM

SP Setia slumps ahead of MSCI Malaysia removal

By Joseph Chin


KUALA LUMPUR: Shares of SP Setia Bhd fell to the lowest since Sept 26 at midday on Monday ahead of its removal from the MSCI Malaysia Index on Nov 30.

At 12.30pm, it was down 13 sen to RM3.27. There were 1.149 million shares done.

The FBM KLCI fell 2.34 points or 0.14% to 1,611.98. Turnover was 503.59 million shares valued at RM434.01mil. There were 188 gainers, 319 losers and 286 counters unchanged.

Also to be removed from the MSCI Malaysia Index is Berjaya Corp, according to Bloomberg. BCorp shares fell 1.5 sen to 58.5 sen with 12.72 million shares done.

Despite the deletions of the two companies, there were no additions to the index.

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