Wednesday 14 December 2011

KL shares remain mixed at mid-morning

Share prices on Bursa Malaysia remained mixed at midmorning today with buying interest seen in heavyweights and call warrant counters, dealers said.

At 11am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.1 point or 0.007 per cent to 1,465.49.

The Finance Index rose 31.989 points to 13,039.6 but the Plantation Index tumbled 59.28 points to 7,926.1 and the Industrial Index fell 1.44 points to 2,651.

The FBM Emas Index gained 2.57 points to 10,042.04, the FBM Mid 70 Index added 13.65 points to 11,016.71 and the FBM ACE Index advanced 11.35 points to 4,152.62.

Market breadth turned negative, with losers leading gainers by 227 to 216, while 257 counters were unchanged. Turnover stood at 517.63 lots worth RM259.6 million.

For the actives, BIMB-CB rose 1.0 sen to 10 sen, Sanichi fell 0.5 sen to 22.5 sen and Envair added 5.0 sen to 37 sen.

Among heavyweights, Maybank gained 7.0 sen to RM8.26, Sime Darby was flat at RM8.94 and CIMB rose 3.0 sen to RM6.87.

Meanwhile, counters of three companies, KFC Holdings, QSR Brands and Kulim, were suspended today at their request. This follows Johor Corp's plans to take QSR Brands private. The takeover deal may also involve Kulim, a unit Johor Corp which controls
QSR Brands, and in turn owns KFC Holdings (Malaysia) Bhd.

Based on yesterday's closing, QSR's share price was RM6.00, with Kulim and KFC at RM3.69 and RM3.41, respectively. -- Bernama



Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or hoxian@sjsec.com.my for more details.
Related Posts Plugin for WordPress, Blogger...