Thursday, 1 December 2011

Market Commentary

The FBM KLCI index gained 13.16 points or 0.89% on Thursday. The Finance Index increased 1.30% to 13328.34 points, the Properties Index up 0.55% to 961.37 points and the Plantation Index rose 1.66% to 7817.63 points. The market traded within a range of 18.11 points between an intra-day high of 1502.53 and a low of 1484.42 during the session.

Actively traded stocks include WIJAYA-WA, COMPUGT, UTOPIA, MBFHLDG-WA, EXTOL, KBUNAI, HUBLINE, GPRO, UTOPIA-WA and VERSATL. Trading volume increased to 1662.28 mil shares worth RM1792.95 mil as compared to Wednesday’s 1534.36 mil shares worth RM2024.33 mil.

Leading Movers were IOICORP (+17 sen to RM5.18), PBBANK (+20 sen to RM12.74), PETCHEM (+18 sen to RM6.17), MAYBANK (+9 sen to RM8.39) and DIGI (+8 sen to RM3.60). Lagging Movers were AXIATA (-17 sen to RM4.93), GENTING (-26 sen to RM10.70), GENM (-3 sen to RM3.88), MAXIS (-1 sen to RM5.49) and PLUS (-1 sen to RM4.44). Market breadth was positive with 513 gainers as compared to 280 losers.


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