Wednesday 14 December 2011

KL shares lower at mid-afternoon

Share prices on Bursa Malaysia were lower at mid-afternoon today, led by consumer and plantation counters, dealers said.

At 3pm, the FTSE Bursa Malaysia KLCI lost 0.84 point, or 0.06 per cent, to 1,464.55 on a lack of market-moving factors.

The overall market sentiment was weak with losers outpacing gainers by 347 to 254 counters with 294 unchanged and 589 others untraded. Turnover stood at 946.9 billion shares worth RM560.21 million.

The Finance Index rose 35.01 points to 13,042.62, Plantation Index lost 62.29 points to 7,923.09 and the Industrial Index declined 2.99 points to 2,649.45.

The FBM Emas Index decreased 4.88 points to 10,034.59, FBM Mid 70 Index rose 2.141 points to 11,005.2 and the FBM Ace Index increased 7.25 points to 4,148.52.

For the actives, Takaso gained 1.5 sen to 21 sen and BIMB-CB rose one sen to 10 sen. Sanichi, however, fell half sen to 22.5 sen.

Among heavyweights, Maybank gained six sen to RM8.25 and CIMB rose one sen to RM6.86. Sime Darby was flat at RM8.94 despite news that its industrial division bought a portion of the former Bucyrus distribution business for RM1.1 billion. -- Bernama



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