Monday, 30 January 2012

Market Commentary

The FBM KLCI index lost 7.35 points or 0.48% on Monday. The Finance Index increased 0.03% to 13425.09 points, the Properties Index up 0.45% to 1030.1 points and the Plantation Index down 0.26% to 8727.99 points. The market traded within a range of 11.88 points between an intra-day high of 1523.91 and a low of 1512.03 during the session.

Actively traded stocks include DBE, DRBHCOM-CG, TMS-WA, DRBHCOM-CI, DRBHCOM-CF, COMPUGT, POS-CB, DRBHCOM-HA, REDTONE and UTOPIA. Trading volume increased to 2307.55 mil shares worth RM1841.46 mil as compared to Friday’s 2278.30 mil shares worth RM1849.17 mil.

Leading Movers were PBBANK (+8 sen to RM13.52), CIMB (+4 sen to RM6.89), AMMB (+4 sen to RM5.81), SIME (+2 sen to RM9.09) and MMCCORP (+3 sen to RM2.75). Lagging Movers were GENTING (-26 sen to RM10.90), TENAGA (-13 sen to RM5.97), IOICORP (-7 sen to RM5.40), MAXIS (-14 sen to RM5.56) and HLBANK (-20 sen to RM11.50). Market breadth was positive with 460 gainers as compared to 387 losers. -- JF Apex Securities Bhd



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