Thursday 22 December 2011

KL shares firmer at mid-morning

Share prices on Bursa Malaysia were firmer at mid-morning today, dealers said. They said the Asian equities would probably consolidate their gains chalked up yesterday.

Dealers said the benchmark FBM KLCI could swing between its immediate support and resistance levels of 1,475 and 1,500 respectively, pending the emergence of fresh market leads.

At 11.15am, the FBM KLCI inched up 0.06 point to 1,485.04.

The Finance Index rose 6.740 points to 13,274.38 and the Plantation Index increased 6.680 points to 7,919.56.

The Industrial Index, however, shed 0.72 point to 2,662.1. The FBM Emas Index was up 0.65 point to 10,171.11 and FBM Mid 70 Index added 15.59 points to 11,180.06. The FBM ACE Index, however, declined 33.33 points to 4,033.06.

Losers led gainers by 329 to 176 while 269 counters were unchanged. Turnover stood at 477.675 million shares worth RM248.815 million.

Of the active counters, TMC Life Sciences Bhd-Warr added 11 sen to 11.5 sen, Hibiscus Petroleum Warr 11/14 inched up two sen to 50 sen and Sanichi Tech shed 1.5 sen to 14 sen.

In heavyweights, Maybank rose one sen to RM8.38, Sime Darby was unchanged at RM9.00 and CIMB firmed five sen to RM7.00. -- Bernama



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