Wednesday, 23 November 2011

KL shares in red at mid-day

Share prices on Bursa Malaysia stayed in negative territory at midday today on weak market sentiment regionally. Continued selling of heavyweights dragged the FBM KLCI 11.09 points lower at 1,426.90.

The Finance Index plunged 55.05 points to 12,784.75 and the Plantation Index declined 84.31 points to 7,499.05, while the Industrial Index slipped 23.09 points to 2,589.47.

The FBM Emas Index fell 78.18 points to 9,791.65 and the FBM70 Index dipped 105.631 points to 10,697.85, while the FBM Top 100 Index slid 78.92 points to 9,595.67. The FBM ACE Index dwindled 49.65 points to 4,063.38.

Decliners led advancers 485 to 153 while 218 counters were unchanged, 616 untraded and 16 others suspended. Volume stood at 724.3 million shares worth RM498.8 million.

Among active counters, MBF Holdings warrants gained 6.5 sen to 25 sen, Sumatec Resources gained 1.5 sen to 29.5 sen, Sumatec Resources warrants rose one sen to 17 sen and Compugates Holdings was unchanged at eight sen.

Among heavyweights, Maybank slipped two sen to RM8.18, CIMB declined five sen to RM6.71 and Sime Darby declined four sen to RM8.72 while RHB Capital eased two sen to RM7.35. -- Bernama



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