Wednesday 15 February 2012

Market Commentary

The FBM KLCI index lost 4.75 points or 0.30% on Wednesday. The Finance Index fell 0.34% to 13854.79 points, the Properties Index up 0.29% to 1054.21 points and the Plantation Index down 0.21% to 8863.22 points. The market traded within a range of 8.11 points between an intra-day high of 1566.66 and a low of 1558.55 during the session.

Actively traded stocks include NICORP, TMS, DATAPRP, COMPUGT, TIGER, PERISAI, EMICO, HIBISCS-WA, SAAG and KHSB. Trading volume decreased to 2309.57 mil shares worth RM2145.93 mil as compared to Tuesday’s 2546.67 mil shares worth RM2258.05 mil.

Leading Movers were DIGI (+6 sen to RM4.16), BAT (+70 sen to RM52.48), MAYBANK (+1 sen to RM8.53), TM (+2 sen to RM4.83) and RHBCAP (+9 sen to RM7.37). Lagging Movers were IOICORP (-6 sen to RM5.43), PETDAG (-56 sen to RM18.22), SIME (-3 sen to RM9.61) and PETCHEM (-4 sen to RM6.94). Market breadth was positive with 433 gainers as compared to 385 losers. -- JF Apex Securities Bhd



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