Monday 13 February 2012

KL shares lower at midafternoon

Share prices on Bursa Malaysia were easier at midafternoon today as losses in finance-related stocks weighed on the market amid tepid investors' sentiment over the Greek bailout measure development, dealers said,

At 3.15pm, the benchmark FBM KLCI dropped 2.67 points to 1,558.99.

The Finance Index fell 36.63 points to 13,822.78, the Plantation Index added 3.18 points to 8,891.67 and the Industrial Index advanced 3.77 points to 2,905.05.

The FBM Emas Index shed 19.939 points to 10,863.82, the FBM Mid 70 Index declined 47.271 points to 12,444.56 and the FBM ACE Index increased 11.52 points to 4,757.11.

Losers outnumbered gainers 468 to 351 while 317 counters were unchanged and 344 others untraded. A total of 1.924 billion shares worth RM1.236 billion were traded.

Among active stocks, British American Tobacco added RM1.48 to RM51.78, BLD Plantation earned 31 sen to RM9.98, Metal Reclamation went up 30 sen to RM1.20 and Genting perked 22 sen to RM10.52.

As for the heavyweights, Maybank edged down four sen to RM8.48, Sime Darby, Petronas Chemicals and CIMB each eased five sen to RM9.62, RM6.94 and RM7.16, respectively. -- Bernama



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