KUALA LUMPUR: Blue chips got off to another powerless begin on Monday, broadening their decrease from the straight four-day misfortunes the earlier week, with Maybank and Rhb Bank under some benefit taking.
At 9.12am, the FBM KLCI was down 2.32 focuses or 0.13% to 1,768.72. Turnover was 231.43 million offers esteemed at RM108.04mil. There were 132 gainers, 148 washouts and 219 counters unaltered.
Reuters announced the euro slipped on Monday after German Chancellor Angela Merkel won a fourth term in an end of the week race, however confronted driving a substantially less steady coalition in a broke parliament as help for the far-right gathering surged.
The market responded by offering the euro on the likelihood of Merkel running into troubles in manufacturing a coalition, as indicated by a report.
MSCI's broadest record of Asia-Pacific offers outside Japan was 0.2% higher. Japan's Nikkei rose 0.6%, Australian offers climbed 0.4% and South Korea's Kospi was level.
On the specialized viewpoint, Kenanga Investment Bank Research said diagram savvy, the KLCI has shaped a long dark body candle with short lower and upper shadow as the list opened possibly higher yet slid further into the red soon thereafter.
"From a diagramming point of view, the MACD is starting to cross beneath its Signal-line, mirroring the negative force for the time being.
"Be that as it may, with the general specialized picture staying positive and the list perfectly over the help level of 1,770 (S1), we anticipate that deal chasing action will occur. If there should be an occurrence of a separate, the following help level is situated at 1,760 (S2). On the other hand, protection levels to watch are 1,796 (R1) and 1,840 (R2)," said Kenanga Research.
The call warrants of Eco World, AmBank and MRCB were among the best washouts. Eco World CJ fell 20 sen to six sen, AmBank-C3 lost 19.5 sen to 14.5 sen and MRCB-C24 slipped 14.5 sen to 8.5 sen.
Vis Dynamics, whose offers had surged lately, fell 13 sen to RM1.19 in dynamic exchange. MFCB was down 11 sen to RM3.60.
RHB Bank fell 10 sen to RM5.18, Maybank seven sen to RM9.78 and Takaful six sen to RM3.63.
Poh Kong hopped 13 sen to 76 on more grounded income, Scientex added 11 sen to RM8.70 while Hartalega increased seven sen to RM6.55.
Pentamaster included 11 sen nto RM4.98 and JF Tech seven sen higher at RM2.12.
Petronas Chemical rose 11 sen to RM7.41 and LC Titan eight sen to RM5.33.
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