Tuesday 20 December 2011

Market Commentary

The FBM KLCI index lost 12.61 points or 0.85% on Tuesday. The Finance Index fell 0.75% to 13080.61 points, the Properties Index up 0.68% to 967.77 points and the Plantation Index down 0.49% to 7849.12 points. The market traded within a range of 12.10 points between an intra-day high of 1476.41 and a low of 1464.31 during the session.

Actively traded stocks include UTOPIA, ASUPREM, JCY-CD, MAXBIZ, ASUPREM-WA, JCY, SANICHI, RA, GAMUDA-CS and FOCUS. Trading volume increased to 1642.89 mil shares worth RM1243.57 mil as compared to Monday’s 1601.87 mil shares worth RM1033.26 mil.

Leading Movers were TENAGA (+5 sen to RM5.50), YTLPOWR (+4 sen to RM1.80), MAYBANK (+2 sen to RM8.24), UEMLAND (+3 sen to RM2.28) and RHBCAP (+2 sen to RM6.82). Lagging Movers were CIMB (-15 sen to RM6.90), DIGI (-9 sen to RM3.61), GENTING (-18 sen to RM10.36), PETCHEM (-15 sen to RM6.05) and PPB (-50 sen to RM16.70). Market breadth was negative with 328 gainers as compared to 429 losers. -- JF Apex Securities Bhd



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