KUALA LUMPUR: Blue chips fell in early Wednesday trade with plantations and Public Bank dragging the FBM KLCI into the red again.
At 9.26am, the KLCI was down 2.97 points or 0.19% to 1,572.97. Turnover was 1.79 billion shares valued at RM1.13bil. The broader market was firmer with 418 gainers, 244 losers and 321 counters unchanged.
Bloomberg reported Asian stocks opened mixed as investors mulled the progress of stimulus talks in Washington and reports of a plan to review the U.S.-China trade deal. Gold touched a record high. Shares fell in Japan and Australia but rose in South Korea.
At Bursa on Tuesday, foreign funds stepped up their net selling to RM250.9mil but the selling was well absorbed by local institutions which were net buyers at RM181.8mil and local retail investors at RM69.1mil.
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