Friday 20 January 2012

Market Commentary

The FBM KLCI index gained 5.85 points or 0.39% on Friday. The Finance Index increased 0.44% to 13473.27 points, the Properties Index up 0.61% to 1012.48 points and the Plantation Index rose 0.95% to 8586.91 points. The market traded within a range of 6.07 points between an intra-day high of 1522.98 and a low of 1516.91 during the session.

Actively traded stocks include DBE, TMS-WA, DBE-WA, COMPUGT, DVM, TMS, FLONIC, TIGER, HIBISCS-WA and UTOPIA. Trading volume decreased to 1650.95 mil shares worth RM1489.41 mil as compared to Thursday’s 1936.36 mil shares worth RM1618.72 mil.

Leading Movers were GENTING (+16 sen to RM10.98), KLK (+70 sen to RM25.48), MAYBANK (+6 sen to RM8.26), DIGI (+5 sen to RM3.93) and UMW (+20 sen to RM7.10). Lagging Movers were SIME (-2 sen to RM9.08), GENM (-2 sen to RM3.85), PETGAS (-6 sen to RM15.24), BAT (-30 sen to RM49.50) and YTLPOWR (-1 sen to RM1.85). Market breadth was positive with 512 gainers as compared to 249 losers. -- JF Apex Securities Bhd



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