KUALA LUMPUR: Bursa Malaysia slipped into negative territory at midday on Tuesday as glove stocks shed recent gains due to profit taking by technology and semiconductor stocks provided some respite.
At 12.30pm, the KLCI was down 1.52 points or 0.1% to 1,516.59. Turnover was 6.50 billion shares valued at RM3.22bil. There were 383 gainers, 566 losers and 411 counters unchanged.
As for the Asean markets, Reuters reported Philippine shares rose to a two-month high as the easing of coronavirus restrictions boosted risk appetite, while Thai shares held near six-month lows after a sell-off triggered by fears of escalating anti-government protests.
At Bursa, among the consumer stocks, Nestle fell the most, sliding RM2.10 to RM139.90, F&N 44 sen to RM31.12, Dutch Lady
and Carlsberg 10 sen each to RM37.30 and RM18.98.
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