Thursday 15 December 2011

Market Commentary

The FBM KLCI index gained 0.99 points or 0.07% on Thursday. The Finance Index increased 0.14% to 13078.38 points, the Properties Index up 0.71% to 957.45 points and the Plantation Index rose 0.11% to 7906.09 points. The market traded within a range of 15.98 points between an intra-day high of 1464.52 and a low of 1448.54 during the session.

Actively traded stocks include JCY-CD, MBSB-CA, JCY, KULIM-CB, SANICHI, KFC-CB, FLONIC, AFFIN-CE, PROTON-CH and BIMB-CB. Trading volume increased to 1564.71 mil shares worth RM1251.16 mil as compared to Wednesday’s 1494.84 mil shares worth RM1084.68 mil.

Leading Movers were CIMB (+7 sen to RM6.92), UMW (+34 sen to RM6.84), IOICORP (+6 sen to RM5.15), AXIATA (+3 sen to RM4.90) and MAXIS (+4 sen to RM5.49). Lagging Movers were KLK (-48 sen to RM22.12), DIGI (-4 sen to RM3.62), GENTING (-8 sen to RM10.34), MISC (-8 sen to RM5.39) and GAM (-6 sen to RM3.03). Market breadth was negative with 346 gainers as compared to 380 losers. -- JF Apex Securities Bhd



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