Thursday 17 November 2011

KL shares continue to fall

Share prices on Bursa Malaysia continued their downtrend at mid-afternoon today with persistent profit-taking largely in the country's two largest banking groups, dealers said.

At 3.15pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.16 points to 1,474.68, dragged down by losses in Maybank and CIMB, which accounted for a 2.973-point drop in the benchmark index.

The Finance Index dropped 72.79 points to 13,099.14, Plantation Index eased 4.2 points to 7,683.29 and the Industrial Index fell 6.21 points to 2,712.63.

The FBM Mid 70 Index added 6.86 points to 11,042.19 and the FBM ACE Index rose 1.23 points to 4,247.3. The FBM Emas Index, however, fell 6.71 points to 10,113.11.

Advancers led decliners by 333 to 293 while 283 counters were unchanged, 572 untraded and 32 others were suspended. Volume stood at 1.064 billion shares valued at RM666.43 million.

For the actives, Compugates was unchanged at 8 sen but Sumatec Resources rose 4 sen to 18.5 sen while Malton-Warrants edged up 5.5 sen to 39.5 sen.

In heavyweights, CIMB lost 13 sen to RM6.93, Maybank dropped 8 sen to RM8.31 but Sime Darby was unchanged at RM8.93 while Petronas Chemicals added 6 sen to RM6.27. -- Bernama



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