Wednesday 22 February 2012

KL shares slightly lower at midafternoon

Share prices on Bursa Malaysia were slightly lower at mid-afternoon today due to the losses in selected key heavyweights and penny stocks in the absence of fresh catalysts, dealers said.

At 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 0.32 point to 1.563.46, after opening 0.04 point higher at 1,563.82, in line with weaker regional bourses.

The Finance Index increased 45.20 points to 13,997.22.

The Industrial Index lost 19.00 points to 2,889.30 and the Plantation Index decreased 51.069 points to 8,694.36. The FBM Ace Index added 40.29 points to 4,820.80.The FBM Emas Index declined 8.329 points to 10,847.48 and the FBM70 Index fell 20.94 points to 12,304.30.

Losers outnumbered gainers by 459 to 308 with turnover at 1.367 billion units valued at RM977.537 million.

Among actives, Dutch Lady Milk rose four sen RM25.80, TAHPS added 39 sen to RM4.80, Panasonic Manufacturing surged 38 sen to RM21.48 and RHB Capital increased 33 sen to RM7.88.

Of the heavyweights, Maybank rose three sen to RM8.73, Petronas Chemicals added one sen to RM6.95, Maxis increased two sen to RM6.00 and Axiata was up one sen to RM5.05. Sime Darby fell two sen to RM9.62. -- BERNAMA



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