KUALA LUMPUR: Key Asian markets fell in mid-morning trade on July 8 with Japan’s key indices down more than 1.8% after Wall Street’s overnight decline while at Bursa Malaysia, the market breadth was negative.

At 10.30am, the FBM KLCI was down 6.25 points to 1,060.11, weighed down by declines in Tenaga and Genting.  Turnover was 154.76 million shares valued at RM183.9 million. There were 62 gainers, 273 losers and 127 counters unchanged.

Among key Asian markets, the Nikkei 225 fell 1.82% to 9.471.92, Shanghai’s Composite Index lost 1.46% to 3,044.40 while Hong Kong’s Hang Seng Index fell 1.2% to 17,648.7 and Singapore’s Straits Times Index declined 0.84% to 2,253.11.

Light crude oil fell 56 cents to US$62.37.

IJM fell the most, down 30 sen to RM5.45, Aeon 22 sen to RM4.08, Hap Seng 13 sen to RM2.42 and Allianz 10 sen to RM3.90.

Tenaga, Genting, Bursa and KL Kepong fell 10 sen each to RM7.60, RM5.70, RM6.80 and RM11.80 respectively.

KNM was the most active with 14.79 million shares done, down 2.5 sen to 73.5 sen. UEM Land lost three sen to RM1.36. However, Measat gained nine sen to RM1.94 and Transmile three sen to RM1.20.

Mitrajaya rose six sen to 54 sen after its unit secured a RM63.64 million contract for a university in Johor.

Kulim, Supermax and Public Bank foreign added five sen each to RM6.45, RM1.72 and RM9.25.