Tuesday 15 November 2011

KL shares open easier

Share prices on Bursa Malaysia opened easier today as investors took cue from the poor performance of Wall Street overnight, dealers said.

The local bourse failed to sustain yesterday's gain especially with bearish
sentiment resulted from worries over the European debt crisis, they said.

Twenty-eight minutes after the market opened, the FBM KLCI slipped 3.31 points to 1,475.56 with losses mostly seen in selected heavyweights.

The Finance Index dropped 39.811 points to 13,133.59, the Plantation Index declined 16.01 points to 7,630.37 and the Industrial Index eased 1.93 points to
2,704.88.

The FBM Emas Index decreased 13.689 points to 10,109.69 but the FBM Mid 70
Index increased 11.409 points to 10,987.39 and the FBM ACE Index added 6.87
points to 4,347.02.

Decliners led advancers by 197 to 147 while 175 counters were unchanged, 962
untraded and 20 others suspended. Turnover stood at 599.393 million shares worth RM145.091 million.

DPS Resources added four sen to 35 sen, Tiger Synergy edged up three sen to
16.5 sen and Sinotop was 1.5 sen higher at 13.5 sen.

Maybank was unchanged at RM8.25, Sime Darby added three sen to RM8.94, CIMB shed five sen to RM7.13 and Petronas Chemicals slipped two sen to RM6.42. -- Bernama



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