Friday, 23 December 2011

KL shares open slightly steadier

Share prices on Bursa Malaysia opened slightly higher in early trade prompted by window dressing activities as investors sought after quality stocks for their portfolio, dealers said.

Four minutes after the market opened, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.11 points higher at 1,494.57, pushed by gains seen in selected heavyweights.

The Finance Index improved 37.03 points to 13,406.99, the Plantation Index edged up 0.84 of a point to 7,924.09 while the Industrial Index slipped 1.3 points to 2,665.38.

The FBM Emas Index rose 11.73 points to 10,226.66, the FBM Mid 70 Index added 10.76 points to 11,427.23, the FBMT100 increased 18.67 points to 10,059.20 while the FBM ACE Index declined 9.22 points to 4,018.58.

Gainers led losers 80 to 35 while 93 counters were unchanged.

Turnover amounted to 259,601 lots worth RM13.449 million.

Among the active counters, Perisai added 4.5 sen to 73 sen but AsiaEP eased half-a-sen to 6.5 sen and Envair shed 2.5 sen to 24 sen.

Among the heavyweights, Maybank rose three sen to RM8.48, Sime Darby perked one sen to RM9.01 and CIMB increased seven sen to RM7.07. -- Bernama



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