Tuesday, 31 January 2012

Market Commentary

The FBM KLCI index gained 7.74 points or 0.51% on Tuesday. The Finance Index increased 0.13% to 13442.67 points, the Properties Index dropped 0.03% to 1029.83 points and the Plantation Index rose 0.02% to 8729.42 points. The market traded within a range of 11.80 points between an intra-day high of 1521.29 and a low of 1509.49 during the session.

Actively traded stocks include COASTAL-CA, DRBHCOM-CG, COMPUGT, DRBHCOM-CI, AXIATA, DBE, DRBHCOM-CF, TMS-WA, MUDAJYA-CG and DRBHCOM. Trading volume decreased to 1782.81 mil shares worth RM2181.55 mil as compared to Monday’s 2307.55 mil shares worth RM1841.46 mil.

Leading Movers were GENTING (+22 sen to RM11.12), GENM (+16 sen to RM4.04), PETGAS (+48 sen to RM15.68), MAXIS (+15 sen to RM5.71) and SIME (+5 sen to RM9.14). Lagging Movers were AXIATA (-8 sen to RM4.67), HLBANK (-14 sen to RM11.36), TM (-2 sen to RM4.80), AIRASIA (-1 sen to RM3.55) and KLK (-2 sen to RM25.70). Market breadth was positive with 415 gainers as compared to 394 losers. -- JF Apex Securities Bhd



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