Business

Published: Wednesday September 12, 2012 MYT 9:13:00 AM

KLCI opens in the red, banks, plantations weigh


KUALA LUMPUR: The FBM KLCI opened lower on Wednesday, weighed down by losses in banking stocks and plantations.

At 9am, the KLCI was down 2.19 points to 1,612.05. Turnover was 16.90 million shares valued at RM10.45mil. There were 71 gainers, 31 losers and 70 stocks unchanged.

HL Bank fell 20 sen to RM12.80, Public Bank gave up 10 sen to RM14.10 while RHB Cap shed two sen to RM6.91. However, AFG rose six sen to RM4.06 and Maybank five sen to RM9.20.

BAT was the top loser, down 32 sen to RM62.06, extending its recent decline. AirAsia shed eight sen to RM3.11 in active trade.

Among the plantations, Genting Plantations fell six sen to RM9.20 and heavyweight IOI Corp three sen lower at RM5.04

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