Tuesday 8 November 2011

Market Commentary

The FBM KLCI index gained 2.95 points or 0.20% on Tuesday. The Finance Index fell 0.21% to 13284.84 points, the Properties Index dropped 0.17% to 952.63 points and the Plantation Index rose 0.14% to 7546.89 points. The market traded within a range of 13.10 points between an intra-day high of 1489.91 and a low of 1476.81 during the session.

Actively traded stocks include HIBISCS-WA, KBUNAI, SANICHI, HIBISCS, JCY, HARVEST-WA, JCY-CD, PALETTE, FOCUS and COMPUGT. Trading volume decreased to 1812.89 mil shares worth RM1538.64 mil as compared to Friday’s 2302.61 mil shares worth RM1512.49 mil.

Leading Movers were DIGI (+70 sen to RM34.00), PETCHEM (+10 sen to RM6.41), AXIATA (+4 sen to RM4.83), GENTING (+6 sen to RM10.86) and KLK (+20 sen to RM21.20). Lagging Movers were CIMB (-4 sen to RM7.32), IOICORP (-4 sen to RM5.17), MAYBANK (-1 sen to RM8.22), YTL (-1 sen to RM1.48) and TENAGA (-1 sen to RM5.87). Market breadth was positive with 408 gainers as compared to 329 losers.-- JF Apex Securities Bhd
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