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buy apple developer account ( KLCI snaps five-day win


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,KUALA LUMPUR: After five straight sessions of gains, the domestic market took a step back as investors turned cautious ahead of the US Federal Reserve chairman's speech at the Jackson Hole symposium.Wall Street snapped its own five-day winning streak overnight ahead of the Fed conference, which would shed some light on whether the central bank will ease off its bond-buying programme.At 9.05am, Malaysian's blue-chip FBM KLCI was down 7.82 points to 1577.92, after having risen to a two-month high in recent days.Bank stocks were seen drifting lower on profit-taking with Maybank down one sen to RM8.44, Public Bank falling one sen to RM4.15, CIMB down four sen to RM4.87 and Hong Leong Bank dropping 12 sen to RM18.98.Nestle dipped 90 sen to RM133.70 while Press Metal lost three sen to RM5.37.Sime Darby Plantation, which had been buoyed by rising CPO Prices, slid four sen to RM4.12.Meanwhile, Petronas Chemicals remained firm, rising 12 sen to RM8.32 on the back of its positive earnings result two days back.Tenaga Nasional also climbed four sen to RM10.34 following its earnings result yesterday.On the broader market, top actives were TFP up one sen to 2 sen, Avillion rising 1.5 sen to 14 sen and Focus unchanged at five sen.


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