Thursday, 22 December 2011

KL shares open softer in cautious trade

Share prices on Bursa Malaysia opened softer this morning in cautious trading, dealers said. The FBM KLCI opened 0.38 points lower at 1,484.6 and trended lower to 1,484.05 at 9.50am.

However, the Finance Index rose 0.27 points to 13,267.37, Plantation Index increased 14.69 points to 7,922 and the Industrial Index gained 1.2 points to 2,664.02. The FBM Emas Index declined 4.55 points to 10,165.91, FBM Mid 70 Index added 9.601 points to 11,174.07 and the FBM ACE Index shed 29.84 points to 4,036.55.

Losers led gainers 234 to 151 while 206 counters were unchanged. Turnover amounted to 288.949 million shares worth RM123.920 million.

Of active counters, TMC Life Sciences Bhd-Warr added 11 sen to 11.5 sen, Sanichi Tech shed one sen to 14.5 and Integrated Rubber Corp increased one sen to 17 sen. In heavyweights, Maybank rose one sen to RM8.38, Sime Darby eased one sen to RM8.99 and CIMB added three sen to RM6.98. -- Bernama



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