Tuesday 3 January 2012

Market Commentary

The FBM KLCI index lost 17.19 points or 1.12% on Tuesday. The Finance Index fell 1.76% to 13461.23 points, the Properties Index up 0.55% to 1005.22 points and the Plantation Index rose 0.68% to 8218.44 points. The market traded within a range of 11.63 points between an intra-day high of 1523.71 and a low of 1512.08 during the session.

Actively traded stocks include HIBISCS-WA, MAS-CD, MAXBIZ, XDL, JCY-CD, HIBISCS, MAS-CC, SANICHI, MAS-CE and DBE. Trading volume increased to 1604.56 mil shares worth RM1406.53 mil as compared to Friday’s 1329.42 mil shares worth RM1527.91 mil.

Leading Movers were GENTING (+24 sen to RM11.24), TENAGA (+5 sen to RM5.95), KLK (+30 sen to RM23.00), YTLPOWR (+5 sen to RM1.83) and GENM (+4 sen to RM3.87). Lagging Movers were MAYBANK (-24 sen to RM8.34), CIMB (-20 sen to RM7.24), AXIATA (-14 sen to RM5.00), PBBANK (-22 sen to RM13.16) and TM (-16 sen to RM4.80). Market breadth was positive with 446 gainers as compared to 325 losers. -- JF Apex Securities Bhd



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