Monday 19 December 2011

Market Commentary

The FBM KLCI index gained 11.56 points or 0.79% on Monday. The Finance Index increased 0.16% to 13179 points, the Properties Index up 0.01% to 961.26 points and the Plantation Index rose 0.30% to 7888.07 points. The market traded within a range of 14.51 points between an intra-day high of 1477.78 and a low of 1463.27 during the session.

Actively traded stocks include UTOPIA, JCY-CD, WIJAYA-WA, ASUPREM, UTOPIA-WA, JCY, VERSATL, SANICHI, FLONIC and DATAPRP. Trading volume decreased to 1601.87 mil shares worth RM1033.26 mil as compared to Friday’s 1790.67 mil shares worth RM1331.30 mil.

Leading Movers were AXIATA (+14 sen to RM5.00), DIGI (+8 sen to RM3.70), GENTING (+16 sen to RM10.54), YTL (+8 sen to RM1.54) and CIMB (+5 sen to RM7.05). Lagging Movers were GENM (-3 sen to RM3.80), AIRASIA (-2 sen to RM3.72), MMHE (-8 sen to RM5.44), RHBCAP (-7 sen to RM6.80) and UMW (-3 sen to RM6.47). Market breadth was negative with 315 gainers as compared to 445 losers. -- JF Apex Securities Bhd



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