Blue chips developed their misfortunes early Monday on nearby store offering as the ringgit debilitated against the US dollar and raw petroleum costs slipped.
At 10am, the KLCI was down 0.83 of a point or 0.05% to 1,686.85. There were 229 gainers, 236 washouts and 299 counters unaltered. Turnover was 488.73 million shares esteemed at RM207.36mil.
The dollar fortified as hawkish remarks from a Federal Reserve official helped the probability of a US financing cost build this year. The yen's retreat was prodded by prospects for further financial facilitating in Japan, while Asian stocks were blended, Bloomberg reported.
The ringgit opened lower against the US dollar on declining oil costs and a bounce back in the US dollar, as indicated by Bernama.
Oil fell after the longest keep running of additions in four years as Iraq looks to expand sends out in the midst of a worldwide shade of rough inventories. US light rough fell 45 pennies to US$48.07 a barrel while Brent dropped as much as 54 pennies to US$50.34 a barrel.
At Bursa Malaysia, shopper stocks were among the top washouts as Dutch Lady fell 78 sen to RM60 and F&N was down 10 sen to RM24.40. Berjaya Food bounced back 13 sen to RM1.40.
Lii Hen lost 19 sen to RM3.19 on benefit taking. Its 2QFY16 net benefit grew 34.4% on-year to RM17.02mil on better US dollar conversion scale. TriPlc lost 15 sen to RM1.71 and Ajiya was down 11 sen to 87 sen.
KLK lost 18 sen to RM23.46 with only 100 shares done. Be that as it may, United Plantations climbed 50 sen to RM27.50 and Sarawak Plantations added eight sen to RM1.86.
Kossan was down eight sen to RM6.42.
SAM lost 13 sen to RM6.56, amplifying its decrease after weaker income. Be that as it may, United U-Li rose 25 sen to RM4.25.
Pos Malaysia rose 12 sen to RM3.22, arranging a recuperation after the late offering a week ago.
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