Thursday 16 February 2012

Market Commentary

The FBM KLCI index lost 10.81 points or 0.69% on Thursday. The Finance Index fell 0.60% to 13771.94 points, the Properties Index dropped 0.78% to 1045.94 points and the Plantation Index down 0.77% to 8794.57 points. The market traded within a range of 9.74 points between an intra-day high of 1559.08 and a low of 1549.34 during the session.

Actively traded stocks include NICORP, MUIPROP, COMPUGT, TMS, WINSUN, TIGER, KBUNAI, HIBISCS-WA, MUIIND and TAKASO. Trading volume decreased to 2185.22 mil shares worth RM1972.18 mil as compared to Wednesday’s 2309.57 mil shares worth RM2145.93 mil.

Leading Movers were GENM (+1 sen to RM3.96), TM (+1 sen to RM4.84), MAXIS (+1 sen to RM5.77) and UMW (+1 sen to RM6.84). Lagging Movers were TENAGA (-13 sen to RM6.00), PBBANK (-12 sen to RM13.64), DIGI (-6 sen to RM4.10), SIME (-7 sen to RM9.54) and KLK (-58 sen to RM24.80). Market breadth was negative with 239 gainers as compared to 668 losers. -- JF Apex Securities Bhd



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