Tuesday 10 January 2012

KL shares mixed at midafternoon

Share prices on Bursa Malaysia continued their mixed trend during mid-afternoon trading today, dealers said.

They added despite the anticipated short-term volatility of the market, particularly from external headlines, expectations of acceleration in Economic Transformation Programme projects and a positive Chinese New Year performance will further augment an upward trajectory.

At 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.88 of a point to 1,520.85.

The Finance Index inched up 7.51 points to 13,451.21,the Plantation Index advanced 4.510 points to 8,474.37 and the Industrial Index added 4.950 points to 2,779.64.

The FBM Emas Index shed 3.479 points to 10,470.65 but the FBM 70 Index was 2.549 points higher at 11,660.59 and the FBM Ace added 19.940 points to 4,209.96.

Decliners led advancers 363 to 288 while 352 counters were unchanged, 482 untraded and 17 others suspended.

Volume stood at 1.136 billion shares valued at RM975.614 million.

Of the active stocks, Takaso Resources rose 1.5 sen to 25.5 sen, JCY-CD improved four sen to 59.5 sen and JCY International firmed by five sen to RM1.16.

Among heavyweights, Maybank declined one sen to RM8.23, Sime Darby rose two sen to RM9.09 and CIMB Group added three sen to RM7.32. -- Bernama



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