Thursday 19 January 2012

Market Commentary

The FBM KLCI index lost 0.57 points or 0.04% on Thursday. The Finance Index fell 0.14% to 13413.69 points, the Properties Index up 0.03% to 1006.39 points and the Plantation Index rose 0.23% to 8505.71 points. The market traded within a range of 8.28 points between an intra-day high of 1522.32 and a low of 1514.04 during the session.

Actively traded stocks include DBE, TMS, TMS-WA, DBE-WA, JCY-CD, AXIATA, MBSB-CA, NEXTNAT, TM and BIMB-CC. Trading volume increased to 1936.36 mil shares worth RM1618.72 mil as compared to Wednesday’s 1490.47 mil shares worth RM1599.87 mil.

Leading Movers were IOICORP (+4 sen to RM5.39), TM (+7 sen to RM4.82), PETCHEM (+4 sen to RM6.68), MAXIS (+4 sen to RM5.63) and HLBANK (+10 sen to RM11.00). Lagging Movers were GENTING (-18 sen to RM10.82), MAYBANK (-8 sen to RM8.20), AXIATA (-3 sen to RM4.84), AIRASIA (-2 sen to RM3.63) and KLK (-4 sen to RM24.78). Market breadth was positive with 378 gainers as compared to 370 losers. -- JF Apex Securities Bhd



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