Friday 6 January 2012

Market Commentary

The FBM KLCI index lost 0.30 points or 0.02% on Friday. The Finance Index fell 0.03% to 13387.71 points, the Properties Index dropped 0.04% to 992.02 points and the Plantation Index down 0.55% to 8436.93 points. The market traded within a range of 6.34 points between an intra-day high of 1515.27 and a low of 1508.93 during the session.

Actively traded stocks include NEXTNAT, HIBISCS-WA, UNISEM-WA, XDL, MAYBULK-CB, DUTALND-WA, UTOPIA, WIJAYA-WA, MAYBULK-CC and JCY-CD. Trading volume decreased to 1466.83 mil shares worth RM1388.62 mil as compared to Thursday’s 1668.82 mil shares worth RM1462.48 mil.

Leading Movers were AXIATA (+6 sen to RM4.95), GENTING (+10 sen to RM11.24), IOICORP (+4 sen to RM5.40), CIMB (+2 sen to RM7.18) and HLFG (+16 sen to RM11.72). Lagging Movers were MAYBANK (-6 sen to RM8.23), KLK (-62 sen to RM24.64), PETCHEM (-5 sen to RM6.33), BAT (-90 sen to RM48.76) and DIGI (-2 sen to RM3.86). Market breadth was negative with 377 gainers as compared to 391 losers. -- JF Apex Securities Bhd



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