Monday, 21 November 2011

KL shares lower at midday

Share prices on Bursa Malaysia at midday today extended the downtrend, as the market succumbed to selling pressure in tandem with losses on regional markets over continuing concerns that the eurozone debt crisis may spread to more countries in the 27-member European Union, dealers said.

The FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.47 points to 1,439.93 after opening 2.64 points lower at 1,451.76. The Finance Index lost 98.88 points to 12,889.91, the Plantation Index shed 74.15 points to 7,540.49 and the Industrial Index declined 47.98 points to 2,625.20.

The FBM Emas Index slid 100.09 points to 9,885.46, the FBM70 Index fell 100.33 points to 10,827.99, the FBM Top 100 Index dipped 95.75 points to 9,689.56 and the FBM ACE Index declined 52.81 points to 4,143.11.

Decliners led advancers 582 to 110 while 194 counters were unchanged, 595 untraded and 26 others suspended. Total volume stood at 707.766 million shares worth RM491.986 million.

For the actives, Compugates Holdings was unchanged at eight sen, Fast Track Solution also remained unchanged at 10.5 sen and DPS Resources slipped three sen to 19.5 sen, but Flonic Hi-Tech added three sen to 30 sen.

Among heavyweights, Maybank lost two sen to RM8.23, CIMB eased seven sen to RM6.80 and Sime Darby lost 10 sen to RM8.80 but RHB Capital gained 11 sen to RM7.40. -- Bernama



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