Friday 23 December 2011

Market Commentary

The FBM KLCI index gained 4.69 points or 0.31% on Friday. The Finance Index fell 0.04% to 13364.57 points, the Properties Index dropped 0.06% to 981.49 points and the Plantation Index rose 0.56% to 7967.39 points. The market traded within a range of 6.08 points between an intra-day high of 1496.25 and a low of 1490.17 during the session.

Actively traded stocks include WIJAYA-WA, TMCLIFE-WA, SANICHI, UEMLAND, PERISAI, UTOPIA, ASUPREM, CYBERT, ENVAIR and BIMB-CB. Trading volume decreased to 942.51 mil shares worth RM886.66 mil as compared to Thursday’s 1204.40 mil shares worth RM1016.97 mil.

Leading Movers were CIMB (+9 sen to RM7.09), DIGI (+6 sen to RM3.74), GENTING (+12 sen to RM10.88), IOICORP (+5 sen to RM5.19) and TENAGA (+5 sen to RM5.84). Lagging Movers were MAYBANK (-10 sen to RM8.35), PBBANK (-8 sen to RM13.18), YTL (-2 sen to RM1.49), PPB (-12 sen to RM16.98) and AXIATA (-1 sen to RM4.98). Market breadth was positive with 413 gainers as compared to 292 losers. -- JF Apex Securities Bhd



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