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亚马逊云账号( KLCI extends decline as selling momentum accelerates



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KUALA LUMPUR: The FBM KLCI hastened its decline headed into midday as the blue-chip counters fell in unison on the Budget 2022 proposal of a one-off special tax on high-income companies.At 12.30pm, the key index had plunged 32.96 points to 1,529.35, just slightly off its day's low of 1,527.73. The market breadth remained overwhelmingly negative with 725 decliners versus 100 gainers.While all 30 index stocks were submerged, the biggest loser was Petronas Chemicals, which lost 39 sen to RM8.30.Bank stocks were also hard hit with Public Bank sliding 13 sen to RM4.04, CIMB slumping 20 sen to RM5.02 and Hong Leong Bank falling 54 sen to RM17.92. Maybank slipped six sen to RM7.99.In telcos, Axiata was hammered down 12 sen to RM3.83 while Digi dropped seven sen to RM4.16 and Maxis lost six sen to RM4.61.Plantation counter Sime Darby Plantation dropped two sen to RM3.99 while IOI Corp shed eight sen to RM3.85.On the broader market, the top actives were MMAG down 0.5 sen nto 10 sen, AirAsia X sliding two sen to 7.5 sen and Hextar Industries up two sen to 16.5 sen.In Asina markets, stocks edged higher on Monday, led by a post-election jump in Japan's Nikkei.Tokyo's benchmark index leapt 2.3% after the country's ruling party held on to its single-party majority in a convincing victory for Prime Minister Fumio Kishida.South Korea's Kospi rose 0.5% while in Shanghai, the composite index was up 0.1%.Hong Kong's Hang Seng however was down 0.1% while Australia's ASX200 was up 0.7%.


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