Wednesday 16 November 2011

Market Commentary

The FBM KLCI index lost 0.38 points or 0.03% on Wednesday. The Finance Index increased 0.25% to 13171.93 points, the Properties Index up 0.15% to 971.87 points and the Plantation Index rose 0.69% to 7687.49 points. The market traded within a range of 17.28 points between an intra-day high of 1487.37 and a low of 1470.09 during the session.

Actively traded stocks include COMPUGT, DPS, TIGER, TCUBES, ASIAEP, TMCLIFE, SYF, INGENS, MTRONIC and NICORP. Trading volume decreased to 2031.51 mil shares worth RM1468.73 mil as compared to Tuesday’s 2983.88 mil shares worth RM1553.85 mil.

Leading Movers were MAYBANK (+12 sen to RM8.39), IOICORP (+12 sen to RM5.23), GENTING (+8 sen to RM10.88), SIME (+2 sen to RM8.93) and PBBANK (+2 sen to RM12.60). Lagging Movers were PETCHEM (-19 sen to RM6.21), TENAGA (-11 sen to RM5.74), CIMB (-4 sen to RM7.06), YTL (-4 sen to RM1.44) and DIGI (-13 sen to RM34.76). Market breadth was negative with 322 gainers as compared to 462 losers.-- JF Apex Securities Bhd



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