Tuesday 10 January 2012

Market Commentary

The FBM KLCI index gained 0.26 points or 0.02% on Tuesday. The Finance Index increased 0.06% to 13451.3 points, the Properties Index dropped 0.16% to 1000.62 points and the Plantation Index rose 0.45% to 8507.98 points. The market traded within a range of 5.34 points between an intra-day high of 1524.10 and a low of 1518.76 during the session.

Actively traded stocks include TAKASO, JCY-CD, JCY, MBSB-CA, XDL, HWGB-WB, TIME, HWGB, VERSATL and KHSB. Trading volume increased to 1858.39 mil shares worth RM1872.05 mil as compared to Monday’s 1642.72 mil shares worth RM1706.14 mil.

Leading Movers were DIGI (+4 sen to RM3.90), PETGAS (+24 sen to RM15.34), KLK (+26 sen to RM24.84), TM (+5 sen to RM4.91) and PETCHEM (+3 sen to RM6.36). Lagging Movers were GENTING (-24 sen to RM10.90), GENM (-3 sen to RM3.88), TENAGA (-2 sen to RM6.07), MMHE (-11 sen to RM5.65) and IOICORP (-1 sen to RM5.39). Market breadth was positive with 416 gainers as compared to 330 losers. -- JF Apex Securities Bhd



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