Tuesday, 15 November 2011

Market Commentary

The FBM KLCI index lost 1.65 points or 0.11% on Tuesday. The Finance Index fell 0.26% to 13139.44 points, the Properties Index up 0.67% to 970.4 points and the Plantation Index down 0.15% to 7634.84 points. The market traded within a range of 5.04 points between an intra-day high of 1478.75 and a low of 1473.71 during the session.

Actively traded stocks include TIGER, DPS, NICORP, MALTON-WB, MALTON, DBE, DPS-WA, ASIAPAC, KBUNAI and HIBISCS-WA. Trading volume increased to 2983.88 mil shares worth RM1553.85 mil as compared to Monday’s 2849.36 mil shares worth RM1885.20 mil.

Leading Movers were DIGI (+48 sen to RM35.00), GENTING (+10 sen to RM10.80), MAYBANK (+2 sen to RM8.27), BAT (+72 sen to RM46.70) and PETGAS (+10 sen to RM13.38). Lagging Movers were CIMB (-8 sen to RM7.10), IOICORP (-6 sen to RM5.11), PETCHEM (-4 sen to RM6.40), AMMB (-5 sen to RM5.67) and YTL (-2 sen to RM1.48). Market breadth was negative with 341 gainers as compared to 466 losers.-- JF Apex Securities Bhd



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