Thursday 5 January 2012

KL shares mixed in cautious trade

Share prices on Bursa Malaysia were mixed in cautious trading amid developments over the euro zone debt crisis.

At 9.21am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.59 of a point lower at 1,504.81, after opening 2.83 points better at 1,507.05.

The Finance Index rose 25.88 points to 13,363.6, the Plantation Index gained 3.61 points to 8,296.42 and the Industrial Index added 2.06 points to 2,740.59.

The FBM Emas Index perked 3.05 points to 10,360.39 but the FBM Mid 70 Index shed 3.029 points to 11,586.98 and the FBM Ace Index eased 5.39 points to 4,094.53.

Gainers led losers 148 to 117 while 166 counters were unchanged.

Turnover stood at 160.878 million lots worth RM88.577 million.

HwangDBS Vickers Research said if the benchmark index dipped beneath the psychological mark of 1,500 points, then the market barometer could pull back further ahead.

Among the actives, JCY International-CD and JCY International, each added four sen to 62 sen and RM1.22, respectively, Ho Wah Genting-WB eased half-a-sen to 33 sen while Proton-CL perked 6.5 sen to 21.5 sen.

Among the heavyweights, Maybank gained three sen to RM8.30, Sime Darby and Petronas Chemicals was both flat at RM9.07 and RM6.20, respectively, while CIMB added two sen to RM7.12. -- Bernama



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