Monday 19 March 2012

KL shares mixed at midafternoon

Share prices on Bursa Malaysia were mixed at mid-afternoon today but at 3.01pm the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.56 points better at 1,572.96, dealers said.

Sentiment remained cautious over the weaker-than-expected US economic data recently.

The US bourses were mixed but little changed and the Asian markets were expected to follow the latter's lead, a dealer said.

The Finance Index eased 17.32 points to 14,175.33 but the Plantation Index rose 20.62 points to 8,596.81 and the Industrial Index added 22.68 points to 2,838.41.

The FBM Emas Index advanced 6.03 points to 10,851.86, while the FBM Mid 70 Index shed 9.96 points to 12,135.65 and the FBM ACE Index slipped 23.75 points to 4,641.01.

Losers led gainers 380 to 279 while 311 counters were unchanged and 19 untraded.

Trading volume stood at 1.16 billion shares valued at RM794.375 million.

Among active stocks, Ariantec Global added 2.5 sen to 12 sen, Pan Malaysian earned half a sen to 5.5 sen, IFCA MSC advanced one sen to 12.5 sen while Metronic Global was flat at 12.5 sen.

Among heavyweights, Maybank lost eight sen to RM8.73, CIMB eased two sen to RM7.64, Petronas Chemicals shed four sen to RM6.72 while Sime Darby was flat at RM9.75. -- Bernama



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