Tuesday 1 November 2011

KL shares lower at mid-morning

Share prices on Bursa Malaysia turned lower at mid-morning today on profit taking in key heavyweights, led by Genting, dealers said.

At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 8.15 points to 1,483.74, after opening 7.76 points lower at 1,484.13.

Losers led gainers 345 to 155 while 210 counters were unchanged, 760 untraded and 20 others suspended.

A total of 399.54 million shares worth RM317.6 million were traded.

The Finance Index fell 30.7 points to 13,463.5, the Plantation Index declined 43.32 points to 7,521.98 and the Industrial Index lost 11.63 points to 2,714.01.

The FBM Emas Index decreased 56.761 points to 10,112.56, the FBM Mid 70 Index fell 76.87 points to 10,878.31 and the FBM Ace Index rose 8.28 points to 4,039.72.

Among active stocks, investment holdings company Maxbiz Corp, which has been issued an unusual market activity (UMA) query by Bursa Malaysia, rose four sen to 13 sen, GPRO Technologies added 3.5 sen to 22.5 sen and MBSB gained three sen to RM1.80.

For the heavyweights, Maybank rose one sen to RM8.37, CIMB fell eight sen to RM7.49, Sime Darby lost four sen to RM8.86 and Genting declined four sen to RM3.81. -- BERNAMA
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