Thursday 9 February 2012

Market Commentary

The FBM KLCI index gained 12.14 points or 0.78% on Thursday. The Finance Index increased 0.75% to 13822.38 points, the Properties Index up 0.56% to 1057.41 points and the Plantation Index rose 1.45% to 8925.13 points. The market traded within a range of 14.13 points between an intra-day high of 1565.32 and a low of 1551.19 during the session.

Actively traded stocks include NICORP, COMPUGT, TMS, KHSB, DBE, MTRONIC, SAAG, GPRO, KARYON-WA and JAKS. Trading volume decreased to 3314.40 mil shares worth RM2974.84 mil as compared to Wednesday’s 4388.09 mil shares worth RM3295.58 mil.

Leading Movers were AXIATA (+19 sen to RM4.97), IOICORP (+13 sen to RM5.60), CIMB (+9 sen to RM7.20), MAYBANK (+6 sen to RM8.47) and AMMB (+14 sen to RM6.10). Lagging Movers were TENAGA (-8 sen to RM6.30), GENTING (-4 sen to RM10.46), UMW (-2 sen to RM6.85), HLBANK (-2 sen to RM11.58) and HLFG (-2 sen to RM11.74). Market breadth was negative with 447 gainers as compared to 456 losers. -- JF Apex Securities Bhd



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