Friday, 18 November 2011

Market Commentary

The FBM KLCI index lost 11.07 points or 0.76% on Friday. The Finance Index fell 0.65% to 12988.79 points, the Properties Index dropped 0.71% to 964.58 points and the Plantation Index down 0.18% to 7614.64 points. The market traded within a range of 14.04 points between an intra-day high of 1468.44 and a low of 1454.40 during the session.

Actively traded stocks include FRONTKN, COMPUGT, DPS, FRONTKN-WA, DPS-WA, EXTOL, SYF, KBUNAI, TIGER and SAAG. Trading volume decreased to 1462.42 mil shares worth RM1196.93 mil as compared to Thursday’s 1585.71 mil shares worth RM1175.42 mil.

Leading Movers were GENM (+5 sen to RM3.87), DIGI (+14 sen to RM34.96), BAT (+40 sen to RM46.70) and KLK (+2 sen to RM21.08). Lagging Movers were PBBANK (-14 sen to RM12.54), TENAGA (-12 sen to RM5.53), MISC (-24 sen to RM6.45), GAM (-15 sen to RM3.11) and MAYBANK (-5 sen to RM8.25). Market breadth was negative with 197 gainers as compared to 588 losers.-- JF Apex Securities Bhd



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