Thursday 15 December 2011

KL shares remain bearish

Share prices on Bursa Malaysia remained lower at midafternoon today as the bearish sentiment continued due to deepening concern over the European debt crisis, dealers said.

At 3.15pm, the FBM KLCI stood at 1,457.23, down 0.4 per cent or 5.89 points.

Dealers said the local bourse performance was also in line with regional markets as investors' dumped riskier assets and bought the safe-haven dollar.

The Finance Index fell 29.43 points to 13,030.24, the Plantation Index shed 6.84 points to 7,890.36 and the Industrial Index fell 15.37 points to 2,631.44.

The FBM Emas Index lost 29.021 points to 9,996.93, the FBM Mid 70 Index added 20.79 points to 11,017.1 and the FBM ACE Index declined 39.43 points to 4,112.43.

Losers led gainers by 412 to 225 while 285 counters traded unchanged. Turnover stood at 880.84 million shares worth RM635.32 million.

For the active stocks, MBSB-CA gained 3.0 sen to 17.5 sen while KFC-CB added 12 sen to 18.5 and Kulim-CB increased 11.5 sen to 19.5 sen. Among heavyweights, Maybank lost 1.0 sen to RM8.24, Sime Darby was flat at RM8.94 and CIMB rose 2.0 sen to RM6.87.
-- Bernama



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