Wednesday 11 January 2012

KL shares mixed at mid-afternoon

Share prices on Bursa Malaysia continued their mixed trend during mid-afternoon trading today, with interest seen mostly on lower-liners and penny stocks, dealers said.

They said the underlying sentiment remained optimistic due to external factors such as signs of a strengthening U.S. economy and China's steady perfomance.

At 3.10pm, the FBM KLCI eased 1.55 points to 1,520.44 after opening 0.04 of a point higher at 1,522.03.

The Plantation Index lost 0.07 of a point to 8,507.91 but the Industrial Index gained 10.510 points to 2,791.39.

The Finance Index shed 24.210 points to 13,427.

The FBM 70 Index firmed 70.230 points to 11,752.33, the FBM ACE Index perked 44.9 points to 4,285.29 and the FBM Emas Index rose 5.229 points to 10,485.38.

Turnover stood at 1.318 billion shares worth RM1.136 billion.

Gainers led losers by 374 to 359 while 313 counters were unchanged, 439 untraded and 19 others suspended.

Of the active stocks, Takaso Resources rose 1.0 sen to 25.5 sen, Mudajaya-CG gained 2.5 sen to 6.5 sen and Hubline Bhd earned one sen to nine sen.

Among heavyweights, Maybank lost four sen to RM8.20, Sime Darby gained one sen to RM9.18 while CIMB was flat at RM7.29. - Bernama



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