Thursday 5 January 2012

KL shares wring gains at midday

Share prices on Bursa Malaysia were steady at midday today, aided by gains in finance and plantation counters.

At 12.30pm, the FBM KLCI stood 2.74 points higher at 1,506.96. It had opened 2.83 points better at 1,507.05.

Dealers said sentiment was still influenced by renewed concerns about the ability of European countries to refinance their huge public debt.

The Finance Index rose 71.021 points to 13,408.74 and the Plantation Index gained 15.881 points to 8,308.69 but the Industrial Index lost 0.22 of a point to 2,738.31.

The FBM Emas Index added 12.16 points to 10,369.5, The FBM ACE Index fell 15.5 points to 4,084.42 and the FBM 70 Index eased 9.33 points to 11,580.68.

Turnover stood at 754.214 million shares worth RM579.564 million.

Gainers led losers 307 to 300 while 332 counters were unchanged, 550 untraded and 23 others suspended.

Among active stocks, JCY International-CD and JCY International gained seven sen each to 65 sen and RM1.25 respectively, Wijaya Baru-WA added 2.5 sen to 39 sen and Versatile Creative was up six sen to 48.5 sen.

For the heavyweights, Maybank improved six sen to RM8.33, Sime Darby lost seven sen to RM9, CIMB edged up four sen to RM7.14 and Petronas Chemicals inched up three sen to RM6.23. -- Bernama



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