Thursday, 23 February 2012

KL shares remain in red at mid-afternoon

Share prices on Bursa Malaysia were lower at mid-afternoon today, weighed down by losses in finance and plantation counters due to lack of buying interest, dealers said.

At 3.01pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 1.5 points to 1.559.02, after opening 1.39 points lower at 1,559.13, in line with bearish tone in regional bourses.

The Finance Index lost 35.931 points to 13,914.06, the Industrial Index eased 20.69 points to 2,871.35 and the Plantation Index fell 58.84 points to 8,607.36.

The FBM Ace Index declined 63.37 points to 4,741.87 ,the FBM Emas Index declined 17.479 points to 10,802.16 and the FBM70 Index fell 14.29 points to 12,250.31.

Losers outnumbered gainers by 574 to 208 with turnover at 1.113 billion units valued at RM1.018 billion.

Among actives, IFCA MSC lost 2.5 sen to 12 sen, Naim Indah lost two sen to 43.5 sen, Green Ocean added one sen to 31 sen and Tiger Synergy was unchanged at 14 sen.

Of the heavyweights, Maybank declined one sen to RM8.70, Petronas Chemicals and Sime Darby was unchanged at RM9.64 and RM6.95, respectively, while CIMB fell five sen to RM7.19. -- BERNAMA



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