Thursday 3 November 2011

Market Commentary

The FBM KLCI index lost 8.58 points or 0.58% on Thursday. The Finance Index fell 0.93% to 13151.05 points, the Properties Index dropped 1.36% to 941.04 points and the Plantation Index down 0.63% to 7471.31 points. The market traded within a range of 20.81 points between an intra-day high of 1473.45 and a low of 1452.64 during the session.

Actively traded stocks include KBUNAI, HARVEST-WA, TEJARI, HARVEST, IRIS, COMPUGT, TEJARI-WA, INGENS, SAAG and PATIMAS. Trading volume increased to 1755.13 mil shares worth RM1140.07 mil as compared to Wednesday’s 1564.93 mil shares worth RM1693.74 mil.

Leading Movers were GENTING (+10 sen to RM10.36), DIGI (+18 sen to RM32.48), UMW (+7 sen to RM6.82), YTL (+1 sen to RM1.50) and BAT (+20 sen to RM46.20). Lagging Movers were CIMB (-12 sen to RM7.19), TENAGA (-14 sen to RM5.72), AXIATA (-6 sen to RM4.80), MAYBANK (-6 sen to RM8.22) and IOICORP (-6 sen to RM5.08). Market breadth was negative with 226 gainers as compared to 524 losers.-- JF Apex Securities Bhd
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