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KLCI slips early Thursday, FoundPac in focus

KUALA LUMPUR: Blue chips slipped early Thursday on mellow benefit taking after the keep running up the earlier day however oil and gas stocks, particularly the lower liners, saw dynamic exchange, while FoundPac made a firm presentation on the Main Market. 

At 9.11am, the KLCI was down 1.5 focuses or 0.09% to 1,628.80. Turnover was 120.72 million shares esteemed at RM39.56mil. There were 78 gainers, 80 washouts and 141 counters unaltered. 

US oil costs fell on Thursday taking after a shock work in the nation's rough stocks appeared in information distributed by the American Petroleum Institute (API) late on Wednesday. 

US light unrefined prospects were down 39 pennies or 0.72% to US$53.67 at 0033 GMT in the wake of settling up 16 pennies at US$54.06 per barrel in the past session. 

Brent unrefined petroleum prospects had yet to exchange in the wake of settling 13 pennies higher at $56.22 in the past session. 

FoundPac rose 8.5 sen to 62.5 sen with 17.14 million shares done. Its offer cost was 54 sen. 

Borneo Oil, Perisai and KNM rose 0.5 sen each to 18 sen, 9.5 sen and 34.5 sen individually while Hibiscus shed 0.05 sen to 39.5 sen. 

Genting Bhd fell six sen to RM7.91, Maybank shed four sen to RM7.91 and Axiata was down three sen to RM4.59. Sime Darby lost two sen to RM8.06. 

Econbuild was among the gainers, adding five sen to RM1.88 while Pecca and Hua Yang crept up three sen each to RM1.58 and RM1.12.

For more updates:
 Malaysian Fkli Trading Advice, Malaysian Equity Signals,  Bursa Malaysia Stock Trading Signals, Malaysian Trading Signals, Bursa Malaysia Trading Signals,  Malaysian Stock Signals,  Fkli Tips

This post first appeared on Bursa Malaysian Intraday Stock Picks | KLSE Trading Signals | Intraday Recommendation, please read the originial post: here

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KLCI slips early Thursday, FoundPac in focus


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