Friday 2 December 2011

Market Commentary

The FBM KLCI index gained 3.76 points or 0.25% on Friday. The Finance Index fell 0.27% to 13292.9 points, the Properties Index dropped 0.62% to 955.39 points and the Plantation Index rose 0.12% to 7826.77 points. The market traded within a range of 10.14 points between an intra-day high of 1493.62 and a low of 1483.48 during the session.

Actively traded stocks include DPS, DPS-WA, SYF-WA, WIJAYA-WA, SANICHI, SYF, PROTON-CH, HIBISCS-WA, VERSATL and MUIIND. Trading volume increased to 1708.70 mil shares worth RM1357.53 mil as compared to Thursday’s 1662.28 mil shares worth RM1792.95 mil.

Leading Movers were DIGI (+13 sen to RM3.73), PETGAS (+68 sen to RM14.00), GENTING (+16 sen to RM10.86), SIME (+8 sen to RM9.12) and PETDAG (+68 sen to RM17.30). Lagging Movers were MAYBANK (-9 sen to RM8.30), PBBANK (-6 sen to RM12.68), AXIATA (-3 sen to RM4.90), TENAGA (-4 sen to RM5.64) and BAT (-100 sen to RM47.10). Market breadth was positive with 386 gainers as compared to 356 losers.



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