Friday, 18 November 2011

FBM KLCI ends at 1,454.4 low

Share prices on Bursa Malaysia remained in the red at the end of trading day today with the FTSE Bursa Malaysia KLCI (FBM KLCI) closed at a low of 1,454.4 as investors remained cautious on the possibility of slower growth for the local economy, dealers said.

At 5pm, the FBM KLCI ended at 1,454.4, down 11.07 points or 0.755 per cent against yesterday's 1,465.47.

MISC Bhd emerged as the second top loser, recording significant losses accounting for a 2.035-point drop in the benchmark index.

The FBM KLCI, which opened 3.13 points lower, touched an intra-day high of 1,468.44.

The Finance Index lost 85.09 points to 12,988.79, the Plantation Index slipped 13.48 points to 7,614.64 and the Industrial Index declined 25.51 points to 2,673.18.

The FBM Emas Index dropped 75.47 points to 9,985.55, the FBM70 Index fell 78.43 points to 10,928.32, the FBM Top 100 Index declined 73.54 points to 9,785.31 and the FBM ACE Index was 70.53 points lower at 4,195.92.

Decliners led advancers 588 to 197 while 258 counters were unchanged, 444 untraded and 32 others suspended. Total volume declined to 1.462 billion shares, worth RM1.197 billion, from yesterday's 1.586 billion shares valued at RM1.175 billion.

Volume on the Main Market eased to 1.046 billion shares, valued at RM1.141 billion, against 1.22 billion shares worth RM1.12 billion registered yesterday.

Turnover on the ACE Market, however, improved to 350.682 million shares worth RM50.021 million compared to 285.29 million units, valued at RM44.74 million, yesterday.

Warrants slipped to 63.245 million shares, valued at RM5.382 million, from 80.501 million shares, worth RM7.91 million, recorded previously.

Top losers PPB Group lost 28 sen to RM16.50, MISC dropped 24 sen to RM6.45 and Hong Leong Financial was 22 sen lower at RM11.34.

Among actives, Frontken eased 1 sen to 13 sen but Compugates was unchanged at 8 sen while DPS Resources shed 1.5 sen to 22.5 sen.

As for heavyweights, Maybank fell 5 sen to RM8.25, Petronas Chemicals dropped 8 sen to RM6.17 while Sime Darby and CIMB were both unchanged at RM8.90 and RM6.87, respectively.

Consumer products accounted for 186.47 million shares traded on the Main Market, industrial products 162.838 million, construction 23.118 million, trade and services 381.796 million, technology 27.601 million, infrastructure 10.447 million, finance 68.321 million, hotels 314,900, properties 124.586 million, plantation 32.564 million, mining 22,000, REITs 1.579 million and closed/fund 37,400. -- Bernama



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