KUALA LUMPUR: Selling of Tenaga Nasional, Hong Leong Bank and Sime Plantation kept the FBM KLCI in the red at midday on Tuesday while key Asian markets were mixed on profit taking.
At 12.30pm, the KLCI was down 10.41 points or 0.66% to 1,574.32. Turnover was 1.45 billion shares valued at RM822.36mil. There were 298 gainers, 465 losers and 371 counters unchanged.
Most Southeast Asian stock markets rose, tracking overnight gains on Wall Street, as risk appetite was whetted by optimism about the imminent signing of a preliminary US-China trade agreement, Reuters reported.
However, the bigger bourses were mixed. Japan's Nikkei 225 rose 0.61%, Hang Seng's Index fell 0.18%, China's Shanghai Composite shed 0.05%, Taiwan's Taiex added 0.33%, South Korea's Kospi added 0.24% and Singapore's STI advanced 0.33%.
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