KUALA LUMPUR: The local market was among the laggards in Monday morning trade, even as most Asian markets received a lift from the rebound in technological stocks in the US on Thursday.At 12.30pm, the 30-stock index was down 2.90 points to 1,860.56. Turnover was 1.19 billion shares with a value of RM612.9mil. Decliners outpaced advancers 350 to 295 with 368 counters unchanged.Maybank led the slide on the FBM KLCI, dropping eight sen to RM10.52. Also in the red was Hong Leong Bank, losing 12 sen to RM18.68, and Public Bank sliding two sen to RM23.98.CIMB edged up one sen to RM7.20 and RHB rose 10 sen to RM5.33.The telco sector was on the decline. It also rose 0.14% against the pound sterling at 5.4226 and 0.12% against the Singapore dollar at 2.9465.

Source: The Star April 02, 2018 04:52 UTC