Thursday 26 January 2012

Market Commentary

The FBM KLCI index gained 4.10 points or 0.27% on Thursday. The Finance Index increased 0.54% to 13496.61 points, the Properties Index up 0.40% to 1025.65 points and the Plantation Index rose 0.67% to 8727.21 points. The market traded within a range of 4.00 points between an intra-day high of 1523.86 and a low of 1519.86 during the session.

Actively traded stocks include DBE, KARYON-WA, HIBISCS-WA, JCY-CD, DRBHCOM-CI, DBE-WA, JOTECH, WIJAYA-WA, JCY and DRBHCOM-CF. Trading volume increased to 1957.46 mil shares worth RM1692.47 mil as compared to Wednesday’s 1343.61 mil shares worth RM1542.22 mil.

Leading Movers were PBBANK (+8 sen to RM13.40), GENTING (+10 sen to RM11.00), HLBANK (+30 sen to RM11.60), PETCHEM (+7 sen to RM6.67) and TENAGA (+4 sen to RM6.14). Lagging Movers were CIMB (-3 sen to RM6.96), YTL (-1 sen to RM1.51), SIME (-1 sen to RM9.08), YTLPOWR (-1 sen to RM1.84) and ARMADA (-3 sen to RM4.02). Market breadth was positive with 524 gainers as compared to 233 losers. -- JF Apex Securities Bhd



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