Monday 21 November 2011

KL shares easier in early trade

Share prices on Bursa Malaysia opened lower in early trading today in tandem with losses in regional markets on continuing concerns the euro zone debt crisis may spread to more countries in the 27-member European Union, dealers said.

However, penny stocks shares bucked the weak market sentiments on strong buying support.

As at 9.15am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 3.19 points to 1,451.21 after opening 2.64 points lower at 1,451.76.

The Finance Index lost 14.31 points to 12,974.48, the Plantation Index shed 14.05 points to 7,600.59 and the Industrial Index declined 8.63 points to 2,664.55.

The FBM Emas Index slid 18.28 points to 9,967.27, the FBM70 Index fell 3.53 points to 10,924.79, the FBM Top 100 Index dwindled 17.479 points to 9,767.83 but the FBM ACE Index rose 23.04 points to 4,218.96.

Decliners led advancers 138 to 91 while 140 counters were unchanged, 1,112 untraded and 36 others suspended. Total volume stood at 119.758 million shares worth RM47.090 million.

Actives, Compugates Holdings earned half a sen to 8.5 sen, Fast Track Solution also gained half a sen to 11 sen, Flonic Hi-Tech added 2.5 sen to 29.5 sen and Extol MSC was up half a sen to 26 sen.

Heavyweights, Maybank lost one sen to RM8.24, CIMB eased one sen to RM6.86, Sime Darby lost six sen to RM8.84 but RHB Capital gained three sen to RM7.32. -- Bernama



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