Monday 20 February 2012

Market Commentary

The FBM KLCI index gained 3.42 points or 0.22% on Monday. The Finance Index increased 0.38% to 13915.54 points, the Properties Index dropped 0.11% to 1045.59 points and the Plantation Index down 0.01% to 8820.75 points. The market traded within a range of 5.29 points between an intra-day high of 1562.60 and a low of 1557.31 during the session.

Actively traded stocks include GOCEAN, PDZ, PERISAI, NICORP, WINSUN, COMPUGT, SERNKOU, WIJAYA-WA, AT and FOCUS. Trading volume decreased to 1864.17 mil shares worth RM1610.89 mil as compared to Friday’s 2265.97 mil shares worth RM1941.98 mil.

Leading Movers were MAYBANK (+5 sen to RM8.61), BAT (+138 sen to RM53.90), YTL (+4 sen to RM1.51), SIME (+4 sen to RM9.63) and GENTING (+6 sen to RM10.70). Lagging Movers were TENAGA (-7 sen to RM6.04), DIGI (-3 sen to RM3.99), AXIATA (-1 sen to RM5.00), PETGAS (-6 sen to RM16.44) and GENM (-1 sen to RM3.94). Market breadth was negative with 349 gainers as compared to 469 losers. -- JF Apex Securities Bhd



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