Thursday, 22 December 2011

KL shares slightly higher at midday

Share prices on Bursa Malaysia ended the morning session marginally firmer, but in quiet trading, despite regional markets winding down ahead of the festive holidays.

Dealers said the benchmark FBM KLCI could swing between its immediate support and resistance levels of between 1,475 and 1,500 pending the emergence of fresh market leads. At 12.30pm, the FBM KLCI ended at 1,485.92, up 0.94 of a point.

The Finance Index rose 17.29 points to 13,284.93, the Plantation Index increased 12.560 points to 7,920.02 and the Industrial Index perked 0.2 point of a point to 2,663.02. The FBM Emas Index added 7.940 points to 10,178.4, FBM Mid 70 Index gained 26.521 points to 11,190.99 but the FBM ACE Index declined 38.74 points to 4,027.65.

Losers led gainers 380 to 212 while 274 counters were unchanged. Turnover stood at 629.408 million shares worth RM397.789 million.

Of the active counters, TMC Life Sciences Bhd-Warr added 11.5 sen to 12 sen while Hibiscus Petroleum Warr 11/14 and Sanichi Tech both gave up 1.5 sen each to 50.5 sen and 14 sen, respectively.

In heavyweights, Maybank rose one sen to RM8.38, Sime Darby was unchanged at RM9.00 and CIMB firmed four sen to RM6.99. -- Bernama



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