Wednesday 16 November 2011

KL shares lower mid-day

Share prices on Bursa Malaysia remained lower as at midday today with mild profit taking activities seen in selected heavyweights, led by Petronas Chemicals, dealers said.

As at 12.30 pm, the FTSE Bursa Malaysia (FBM KLCI) slipped 0.19 of a point to to 1,477.03, with the benchmark index moving between 1,473.57 and 1,487.37. However, gains in Maybank managed to cap some of the losses.

The Finance Index rose 39.06 points to 13,178.5 but the Plantation Index declined 12.32 points to 7,622.52 while the Industrial Index added 5.27 points to 2,720.59.

The FBM Emas Index shed 1.8 points to 10,118.51 but the FBM Mid 70 Index rose 9.29 points to 11,030.68 while the FBM ACE Index dropped 36.27 points to 4,235.16.

Losers outnumbered gainers by 421 to 241 while 294 counters were unchanged, 525 untraded and 23 others suspended. Turnover stood at 1.241 billion shares worth RM706.413 million.

For the actives, Compugates and AsiaEP added half sen each to eight sen and 10 sen respectively while Tiger Synergy was unchanged at 13.5 sen.

For the heavyweights, Maybank gained 13 sen to RM8.40 and Sime Darby rose six sen to RM8.97 but CIMB eased four sen to RM7.06 and Petronas Chemicals lost 18 sen to RM6.22. -- Bernama



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