Tuesday 27 December 2011

Market Commentary

The FBM KLCI index gained 4.76 points or 0.32% on Tuesday. The Finance Index fell 0.11% to 13349.76 points, the Properties Index up 0.90% to 990.32 points and the Plantation Index rose 0.93% to 8041.71 points. The market traded within a range of 10.75 points between an intra-day high of 1500.91 and a low of 1490.16 during the session.

Actively traded stocks include PROTON-CH, PROTON-CG, SCN, MBFHLDG-WA, TMS-OR, ASUPREM, SANICHI, UTOPIA, JCY-CD and DRBHCOM-CI. Trading volume increased to 993.76 mil shares worth RM743.83 mil as compared to Friday’s 942.51 mil shares worth RM886.66 mil.

Leading Movers were TM (+20 sen to RM5.00), IOICORP (+7 sen to RM5.26), UMW (+38 sen to RM6.98), DIGI (+4 sen to RM3.78) and PETGAS (+26 sen to RM14.40). Lagging Movers were CIMB (-4 sen to RM7.05), PBBANK (-6 sen to RM13.12), TENAGA (-4 sen to RM5.80), HLBANK (-10 sen to RM10.84) and MAYBANK (-1 sen to RM8.34). Market breadth was positive with 378 gainers as compared to 341 losers. -- JF Apex Securities Bhd



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