Thursday 5 January 2012

Market Commentary

The FBM KLCI index gained 10.21 points or 0.68% on Thursday. The Finance Index increased 0.40% to 13391.52 points, the Properties Index up 0.16% to 992.41 points and the Plantation Index rose 2.30% to 8483.71 points. The market traded within a range of 10.28 points between an intra-day high of 1514.82 and a low of 1504.54 during the session.

Actively traded stocks include MAS-CD, WIJAYA-WA, XDL, JCY-CD, PROTON-CL, PROTON-CG, JCY, MAS-CE, VERSATL and ASUPREM. Trading volume increased to 1668.82 mil shares worth RM1462.48 mil as compared to Wednesday’s 1658.84 mil shares worth RM1527.52 mil.

Leading Movers were KLK (+176 sen to RM25.26), PETCHEM (+18 sen to RM6.38), DIGI (+9 sen to RM3.88), CIMB (+6 sen to RM7.16) and IOICORP (+3 sen to RM5.36). Lagging Movers were BAT (-14 sen to RM49.66) and MMCCORP (-1 sen to RM2.69). Market breadth was positive with 467 gainers as compared to 325 losers. -- JF Apex Securities Bhd



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