Friday 4 November 2011

Market Commentary

The FBM KLCI index gained 15.14 points or 1.04% on Friday. The Finance Index increased 1.02% to 13284.84 points, the Properties Index up 1.23% to 952.63 points and the Plantation Index rose 1.01% to 7546.89 points. The market traded within a range of 9.42 points between an intra-day high of 1477.51 and a low of 1468.09 during the session.

Actively traded stocks include KBUNAI, HARVEST-WA, HARVEST, SANICHI, PALETTE, SAAG, ENVAIR, SYSTECH, IPOWER and FOCUS. Trading volume increased to 2302.61 mil shares worth RM1512.49 mil as compared to Thursday’s 1755.13 mil shares worth RM1140.07 mil.

Leading Movers were GENTING (+44 sen to RM10.80), CIMB (+17 sen to RM7.36), TENAGA (+16 sen to RM5.88), IOICORP (+13 sen to RM5.21) and DIGI (+82 sen to RM33.30). Lagging Movers were KLK (-14 sen to RM21.00), AXIATA (-1 sen to RM4.79) and GAM (-3 sen to RM3.36)). Market breadth was positive with 591 gainers as compared to 194 losers.-- JF Apex Securities Bhd
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