Friday 3 February 2012

Market Commentary

The FBM KLCI index gained 1.68 points or 0.11% on Friday. The Finance Index increased 0.30% to 13587.31 points, the Properties Index up 0.12% to 1045.22 points and the Plantation Index down 0.34% to 8737.92 points. The market traded within a range of 15.28 points between an intra-day high of 1541.31 and a low of 1526.03 during the session.

Actively traded stocks include NICORP, SAAG, DBE, TMS-WA, KBUNAI, COMPUGT, PCHEM-CF, JCY-CD, DRBHCOM-CF and ASIAPAC. Trading volume increased to 2844.82 mil shares worth RM2315.26 mil as compared to Thursday’s 2580.75 mil shares worth RM2867.63 mil.

Leading Movers were SIME (+18 sen to RM9.46), CIMB (+7 sen to RM7.00), PETGAS (+32 sen to RM16.20), PETCHEM (+6 sen to RM6.79) and AXIATA (+2 sen to RM4.75). Lagging Movers were GENTING (-16 sen to RM11.00), KLK (-70 sen to RM24.90), GENM (-9 sen to RM4.01), AIRASIA (-7 sen to RM3.63) and MMCCORP (-8 sen to RM2.86). Market breadth was positive with 461 gainers as compared to 399 losers. -- JF Apex Securities Bhd



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