Monday, 5 March 2012

China Stationery continues to lose ground

KUALA LUMPUR (March 5): Shares of China Stationery Lt (CSL) extended their decline on Monday as investors continued to take profit after the strong performance on its listing on Feb 24.

At 3.33pm, it was down 11 sen to RM1.07. There were 21.99 million shares done.

It was listed on Feb 24 at an offer price of 95 sen and it rose to a high of RM1.44 on Feb 29.

The KLCI was up 6.02 points to 1,589.80. Turnover was 1.10 billion shares valued at RM1.18 billion. There were 380 gainers, 371 losers and 316 stocks unchanged.



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