KUALA LUMPUR: The FBM KLCI opened lower on Wednesday, Dec 23, dragged by declines at CIMB, Genting and Sime amidst thin trading as investors take a cautious stance ahead of the long weekend.
At 9.05am, the index fell 1.84 points to 1,258.58 with 28.81 million shares valued at RM32.33 million traded. Gainers edged losers 68 to 66, while 79 counters traded unchanged.
Among key blue chips, CIMB fell 8 sen to RM12.82, Genting down 7 sen to RM7.20, while Sime and IJM Corp fell 5 sen each to RM8.89 and RM4.40.
Other losers this morning included Geshen, Hap Seng, Adventa and Petronas Dagangan.
The top gainer in early trade was Hai-O that added 42 sen to RM7.29. It had reported a net profit of RM20.18 million in its second quarter ended Oct 31, a jump of 85% from RM10.89 million a year ago, and declared dividend of 10 sen per share.
Tanjong added 10 sen to RM16.62, Aeon Credit and PPB rose 8 sen each to RM3.98 and RM15.84, Jetson up 7 sen to RM2.87 and Sunrise up 6 sen to RM2.17.
Meanwhile, TexCycle and Lityan added 5 sen each to 24.5 sen and RM1.89, respectively.
Yoong Onn, which made its debut on the Main Board today, was the most actively traded counter with 8.81 million shares done. The counter was up 1.5 sen to 89.5 sen.
Other actively traded stocks this morning included XDL, Harvest, Maxis, Adventa and Jerneh warrants.