Tuesday 22 November 2011

Market Commentary

The FBM KLCI index gained 3.91 points or 0.27% on Tuesday. The Finance Index fell 0.08% to 12839.8 points, the Properties Index up 0.55% to 950.78 points and the Plantation Index rose 0.52% to 7583.36 points. The market traded within a range of 13.04 points between an intra-day high of 1438.51 and a low of 1425.47 during the session.

Actively traded stocks include SUMATEC, SUMATEC-WA, COMPUGT, DPS, MMSV, MBFHLDG-WA, SYF, HIBISCS-WA, TCUBES and GPRO. Trading volume decreased to 1271.69 mil shares worth RM1043.64 mil as compared to Monday’s 1416.44 mil shares worth RM1161.21 mil.

Leading Movers were DIGI (+12 sen to RM3.72), TENAGA (+9 sen to RM5.54), GENM (+7 sen to RM3.84), KLK (+30 sen to RM21.00) and AXIATA (+2 sen to RM4.73). Lagging Movers were SIME (-4 sen to RM8.76), PBBANK (-4 sen to RM12.42), PETCHEM (-4 sen to RM5.94), CIMB (-1 sen to RM6.76) and AMMB (-2 sen to RM5.49). Market breadth was negative with 327 gainers as compared to 399 losers. -- JF Apex Securities Bhd



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