Friday, 9 March 2012

Market closes mixed on profit taking

KUALA LUMPUR (March 9): Share prices on Bursa Malaysia closed mixed on Friday as traders firmed their position ahead of the weekend, dealers said.

The FBM KLCI inched up 0.64 of a point to close at 1,579 after having moved between 1,577.23 and 1,582.Decliners led advancers by 388 to 369 while 344 counters closed unchanged.

A dealer said although strong interest from foreign investors was seen in the market, profit taking had offset earlier gains.

The Finance Index lost 12.46 points to 14,104, the INDUSTRIAL INDEX [] was down 7.11 points to 2,864.1 but the PLANTATION [] Index rose 16.6 points to 8,629.54.

The FBM Emas Index added 3.74 points to 10,899.05, FBM Ace Index was down 6.3 points to 4,660.87 and the FBMT100 added 2.18 points to 10,684.46.

Total volume amounted to 1.306 billion shares valued at RM1.367 billion compared with 1.769 billion shares valued at RM1.763 billion registered on Thursday.

Actively traded stocks included Naim Indah which added 1.5 sen to 64.5 sen, Lee Swee Kiat which increased three sen to 19.5 sen and Key West Global which gained 2.5 sen to 22 sen.

Sumatec lost half a sen to 28.5 sen and Sumatec-Warr shed one sen to 15.5 sen.

Among heavyweights, Maybank gained two sen to RM8.74, CIMB rose eight sen to RM7.34, Sime Darby and Petronas Chemicals earned one sen each to RM9.85 and RM6.84 respectively and Tenaga gathered 13 sen to RM6.39. - Bernama

Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or for more details.
Related Posts Plugin for WordPress, Blogger...