KUALA LUMPUR: Blue chips slipped in early Wednesday trade as cautioned prevailed after the overnight fall on Wall Street as key Asian markets also retreated on news the quantitative easing would be wound up.At 9.48am, the FBM KLCI was down 2.82 points or 0.17% to 1,658.43. Turnover was 365.35 million shares valued at RM152.16mil. Among the plantations, Batu Kawan fell 16 sen to RM18.02 and PPB Group lost 12 sen nto RM16.02.Petronas stocks also fell led by Petronas Gas which shed eight sen to RM21.76 and Petronas Chemicals seven sen lower at RM6.63. Retailer Petron Malaysia added 10 sen to RM4.23.Ajinomoto fell 16 sento RM13.16 and BAT gave up 12 sen to RM48.96. However, Nestle added 98 sen to RM79.98 with 500 shares done.Southern Steel led steel players lower, down nine sen to RM1.20.BHIC rose 13 sen to RM1.80 in rising active trade while Tasco advanced five sen to RM1.57.Among the active stocks Perisai fell 0.5 sen to 8.5 sen, which is a historic low over its debts issue while Lion Corp lost half its value, down 0.5 sen to 0.5 sen in active trade ahead of its delisting.

Source: The Star October 05, 2016 02:03 UTC