KLCI plunges in early morning trade


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KUALA LUMPUR: The neighborhood bourse dunked into a negative area minutes into the opening ringer on what might be a clear third successive day of benefit taking. 
It is moving couple with Asian markets, which appeared to take a load off from the expanded rally, and also Wall Street that finished its solid begin to the new year overnight. 
At 9.10am, the market was down 1.26 focuses to 1,821.66 focuses. Turnover was 339.66 million offers with an estimation of RM118.76mil. There were 213 advancers to 130 decliners and 250 counters unaltered. 
In early exchange, heavyweight Maybank slipped one sen to RM9.83 while Tenaga Nasional dropped four sen to RM15.82. 
Genting fell five sen to RM935, while MISC dropped five sen to RM7.48. Sime Darby Plantation additionally weighed, falling three sen to RM5.55. 
Advancers included Hong Leong Bank, rising 20 sen to RM17.54, PPB increasing four sen to RM17.42 and Public Bank, adding two sen to RM20.86. 
On the more extensive market, LPI Capital was in the spotlight following an income declaration and a proposed reward issue. Crisp off its most elevated close in the past session, the counter rose 32 sen to RM19.74. 
Different gainers included F&N, which rose 50 sen to RM28.48, and MyEG, which picked up 10 sen to RM2.67. 
Among decliners SP Setia slipped back three sen to RM3.38 while United Plantation dropped 40 sen to RM28. 
Oil and gas counters kept on observing dynamic exchange, with UMW Oil and Gas increasing a large portion of a sen to 41.5 sen and Sapura Energy plunging a large portion of a sen to 90 sen. 
Oil markets were minimal changed with WTI unrefined risng one sen to US$63.88 a barrel while Brent dropped three pennies to US$69.17 a barrel.

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