Blue chips slip but Samaiden surges on maiden debut

TheStar Thu, Oct 15, 2020 09:34am - 3 years View Original


KUALA LUMPUR: Blue chips fell in early Thursday trade, weighed down by plantation stocks but Samaiden Group staged an impressive debut on the ACE Market.

At 9.20am, the FBM KLCI was down 1.67 points or 0.11% to 1,521.58. Turnover was 897.72 million shares valued at RM618.64mil. There 299 gainers, 225 losers and 326 counters unchanged.

Asian stocks dipped as investors weighed earnings reports from large US banks and fading signs of an American stimulus deal before next month’s election. The dollar steadied after an overnight decline, Bloomberg reported.

Shares slipped in Japan and South Korea, and futures pointed lower in Hong Kong. S&P 500 contracts fluctuated after the gauge retreated Wednesday

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