Monday 12 December 2011

Market Commentary

The FBM KLCI index gained 6.97 points or 0.48% on Monday. The Finance Index increased 0.51% to 13007.11 points, the Properties Index up 1.41% to 957.51 points and the Plantation Index rose 0.85% to 7927.41 points. The market traded within a range of 10.82 points between an intra-day high of 1474.55 and a low of 1463.73 during the session.

Actively traded stocks include UTOPIA-WA, PROTON-CG, SANICHI, UTOPIA, COMPUGT, PROTON-CH, LFECORP, PROTON-CI, DRBHCOM-CI and FLONIC. Trading volume increased to 1595.73 mil shares worth RM1129.18 mil as compared to Friday’s 1296.67 mil shares worth RM1057.03 mil.

Leading Movers were GENTING (+20 sen to RM10.82), CIMB (+6 sen to RM6.95), IOICORP (+6 sen to RM5.10), AMMB (+12 sen to RM5.86) and PETCHEM (+8 sen to RM6.08). Lagging Movers were MISC (-20 sen to RM5.60), TENAGA (-3 sen to RM5.50), DIGI (-1 sen to RM3.68), MAXIS (-1 sen to RM5.48) and HLFG (-6 sen to RM11.42). Market breadth was negative with 357 gainers as compared to 362 losers. -- JF Apex Securities Bhd



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