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KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia opened lower in lackluster trading amid lingering external concerns, dealers said.

At 9.15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.6 points easier at 1,730.59 after opening 5.07 points lower at 1,731.12.

A dealer said market sentiment was expected to remain weak pending more positive local catalysts to lift stocks from the current cautious mode.

Losers edged gainers 152 to 141 while 169 counters were unchanged, 1,348 untraded and 12 others suspended.

Turnover stood at 190.16 million shares worth RM189.06 million.

On the scoreboard, the FBM Emas Index decreased 27.78 points to 11,934.93, the FBMT100 Index was 29.24 points lower at 11,612.64 and the FBM Emas Syariah Index shed 29.87 points to 12,380.97.

The FBM Ace garnered 39.81 to 6,456.25 but the FBM 70 eased 1.47 points to 12,872.65.

On a sectoral basis, the Plantation Index was 50.94 points easier at 7,489.57, the Finance Index shed 26.37 points to 15,554.82 and the Industrial Index lost 14.06 points to 3,203.54.

Among actives, Genting erased one sen to RM4.32, Privasia added one sen to 31 sen, Jag and iDimension earned half-a-sen each to 14 sen and

KUALA LUMPUR: Blue chips fell in early Wednesday trade, with the FBM KLCI giving up about half of its 12 points gain the previous day as investor sentiment was dented by the overnight fall on Wall Street.

At 9.06am, the KLCI was down 5.38 points or 0.31% to 1,730.81. Turnover was 120.59 million shares valued at RM163.86mil. There were 118 gainers, 129 losers and 151 counters unchanged.

Asian stocks got off to a bumpy start after earnings dragged down US equities, while the dollar edged away

KUALA LUMPUR: Maybank Investment Bank Research sees the potential crystallisation of a few long anticipated major construction projects in Sarawak could generate massive construction works.

It said on Tuesday these include the RM15bil Pan Borneo Sarawak Highway that finally kicked off officially recently.

The RM9bil Baleh hydroelectric power project could also take-off soon, for new energy supply is vital to attract new investments into Sarawak.

As for the long delayed Kuching Centralised

The following table shows rates for Asian currencies against the dollar at 0138 GMT(0938 Malaysian time) on Friday July 10.


  Change on the day at 0138 GMT

  Currency    Latest bid   Previous day    Pct Move

  Japan yen       121.83         121.32       -0.42

  Sing dlr        1.3474         1.3498       +0.18

 *Taiwan dlr      31.230         31.230       +0.00

  Korean won     1128.70        1133.90       +0.46

  Baht             33.91          33.96

KUALA LUMPUR: Blue chips edged higher in early  Wednesday trade as investor sentiment was seen to be firmer after foreign funds turned net buyers as CIMB Equities Research maintains its end-2015 KLCI target of 1,800.

At 9.09am, the KLCI was up 1.71 points or 0.1% to 1,722.81. Turnover was 68.87 million shares valued at RM32mil. There were 148 gainers, 85 losers and 133 counters unchanged.

On the external front, Reuters reported Asian stocks inched cautiously higher on Wednesday, taking their

KUALA LUMPUR: BIMB Securities Research expects the local market to remain positive on Tuesday following improved investor sentiment and attractive valuations.

It said the immediate resistance for the FBM KLCI to be at 1,725 to 1,730 after it closed marginally higher on Monday.

On Monday, trading participation saw net selling by foreign institutions and local retail while local institutions were net buyers.

Foreign funds were net sellers at –RM85.4mil and retail investors also net sellers at

KUALA LUMPUR: The ringgit extended yesterday’s gains against the US dollar on continued buying interest, dealers said.

In early trading, the ringgit was quoted at 3.7840/7870 to the greenback versus yesterday’s 3.7945/7975. At 9.15 am, the ringgit was firmer against other major currencies, except the euro.

“The downside is very limited for the ringgit against the greenback.

“Bank Negara Malaysia has strongly signalled that the local note was not trading according to its fundamentals and has

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