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KLCI down at end of morning session


KUALA LUMPUR (March 17): Bursa Malaysia was mixed at midday today as losses in the energy, financial and plantation sectors pulled the benchmark index lower.
At 12.30pm, the FBM KLCI settled 4.99 points lower at 1,618.97 versus yesterday s close at 1,623.96.
The index opened 1.65 points higher at 1,625.61 and fluctuated between 1,616.19 and 1,625.67 throughout the morning session.
On the broader market, gainers led losers 536 to 470, while 417 counters were unchanged, 814 untraded and nine others suspended.
Total volume stood at 8.07 billion shares worth RM2.42 billion.
An analyst said some investors were taking a cautious stance ahead of the conclusion of the US Federal Reserve s (Fed) policy meeting scheduled for today amid a weaker oil market. ....

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KLCI remains 0.7% lower in line with lacklustre regional markets


At 10.01am, the FBM KLCI was down 11.40 points at 1,615.61.
Market breadth was tepid with 551 losers and 311 gainers, while 354 counters traded unchanged. Trading volume was 1.73 billion shares valued at RM840.78 million.
The top losers included Nestle (Malaysia) Bhd, Heineken Malaysia Bhd, Kuala Lumpur Kepong Bhd (KLK), Euro Holdings Bhd, PPB Group Bhd, Hong Leong Bank Bhd (HLB), Asia File Corp Bhd, Malaysia Airports Holdings Bhd (MAHB) and Hong Leong Capital Bhd.
The actively traded stocks included Pegasus Heights Bhd, XOX Bhd, PNE PCB Bhd, Kanger International Bhd and AT Systematization Bhd.
The gainers included Malaysian Pacific Industries Bhd, Kobay Technology Bhd, JF Technology Bhd, PMB Technology Bhd, UWC Bhd, Dutch Lady Milk Industries Bhd and G3 Global Bhd. ....

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CCM, NWP, Pecca, Reservoir Link, Bermaz Auto, Pegasus Heights, Hai-O, PCCS, Gas Malaysia, PLS Plantation, Fintec, NetX, Puncak Niaga and NTPM


KUALA LUMPUR (Dec 17): Based on corporate announcements and news flow today, companies that may be in focus on Monday (Dec 21) include: Chemical Company of Malaysia Bhd, NWP Holdings Bhd, Pecca Group Bhd, Reservoir Link Energy Bhd, Bermaz Auto Bhd, Pegasus Heights Bhd, Hai-O Enterprise Bhd, PCCS Group Bhd, Gas Malaysia Bhd, PLS Plantation Bhd, Fintec Global Bhd, NetX Holdings Bhd, Puncak Niaga Holdings Bhd and NTPM Holdings Bhd.
Seasoned investor Pui Cheng Wui has emerged as a substantial shareholder of
Chemical Company of Malaysia Bhd (CCM) after acquiring 27.03 million shares or a 16.12% stake in the company. The move comes just a month after Batu Kawan Bhd announced the acquisition of a 56.32% stake in CCM from Permodalan Nasional Bhd. Pui’s purchase of the 16.12% stake was made in the open market on Dec 16. The block of shares would have cost him RM83.26 million based on the closing price of RM3.08 on Dec 16. ....

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