KL shares close sharply lower

KUALA LUMPUR: Share prices on Bursa Malaysia closed sharply lower today, reflecting the gloomy sentiment in regional markets that remained concerned with the unresolved eurozone debt crisis, dealers said.

They said the bearish statement made by China's Vice Premier, Wang Qishan, that the global economic outlook remained grim and of an impending global recession also affected the market.

The FTSE Bursa Malaysia KLCI (FBM KLCI) fell 20.32 points to 1,434.08 after opening 2.64 points lower at 1,451.76.

The Finance Index lost 139.25 points to 12,849.54, Plantation Index shed 70.51 points to 7,544.13 and the Industrial Index declined 57.35 points to 2,615.83.

The FBM Emas Index slid 134.569 points to 9,850.98, FBM70 Index fell 119.29 points to 10,809.03, the FBM Top 100 Index dipped 130.27 points to 9,655.04 and the FBM ACE Index declined 115.55 points to 4,080.37.

Decliners led advancers by 661 to 176 while 194 counters were unchanged, 450 untraded and 26 others suspended.

Total volume decreased to 1.416 billion shares worth RM1.161 billion from 1.462 billion shares worth RM1.196 billion last Friday.

As for the actives, Compugates Holdings rose half a sen to 8.5 sen, Fast Track Solution declined half a sen to 10 sen and DPS Resources slipped 4.5 sen to 18 sen.

Sumatec Resources, however, rose three sen to 20.5 sen.

Among heavyweights, Maybank lost five sen to RM8.20, CIMB eased 10 sen to RM6.77 and Sime Darby lost 10 sen to RM8.80.

RHB Capital, however, gained two sen to RM7.31.

Volume on the Main Market decreased to 1.026 billion shares valued at RM1.109 billion against 1.046 billion shares valued at RM1.141 billion last Friday.

Turnover on the ACE market decreased to 296.151 million shares worth RM42.217 million from 350.682 million shares worth RM50.021 million last Friday.

Warrants increased to 81.512 million units valued at RM7.159 million from 63.245 million units valued at RM5.382 million last Friday.

Consumer products accounted for 162.6 million shares traded on the Main Market, industrial products 147.8 million, construction 28.3 million, trade and services 368.2 million, technology 24.4 million, infrastructure 21.8 million, finance 67.6 million, hotels 1.1 million, properties 150.6 million, plantation 33.2 million, mining 44,000, REITs 1.2 million and closed/fund 25,000. - Bernama



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KL shares lower at mid-afternoon

KUALA LUMPUR: Share prices on Bursa Malaysia were lower at mid-afternoon today, reflecting the gloomy sentiment in regional markets as lingering concerns about the impact of escalating eurozone debt crisis affected investor confidence, dealers said.

They said the bearish statement made by China's Vice Premier, Wang Qishan, that the global economic outlook remained grim, also affected the market.

As at 3.26pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 13.07 points to 1,441.37 after opening 2.64 points lower at 1,451.76.

The Finance Index lost 100.51 points to 12,888.28, Plantation Index shed 39.78 points to 7,574.86 and the Industrial Index declined 42.61 points to 2,630.57.

The FBM Emas Index slid 94 points to 9,891.55, FBM70 Index fell 102.931 points to 10,825.39, the FBM Top 100 Index dipped 88.64 points to 9,696.67 and the FBM ACE Index declined 65.67 points to 4,130.25.

Decliners led advancers by 630 to 118 while 207 counters were unchanged, 526 untraded and 26 others suspended.

Total volume stood at 911.6 million shares worth RM673.4 million.

For the actives, Compugates Holdings was unchanged at eight sen, Fast Track Solution was unchanged at 10.5 sen and DPS Resources slipped three sen to 19.5 sen.

Flonic Hi-Tech added three sen to 30 sen.

Among heavyweights, Maybank lost two sen to RM8.23, CIMB eased seven sen to RM6.80 and Sime Darby lost 10 sen to RM8.80.

RHB Capital, however, gained 12 sen to RM7.41. - Bernama



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KL shares lower at midday

Share prices on Bursa Malaysia at midday today extended the downtrend, as the market succumbed to selling pressure in tandem with losses on regional markets over continuing concerns that the eurozone debt crisis may spread to more countries in the 27-member European Union, dealers said.

The FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.47 points to 1,439.93 after opening 2.64 points lower at 1,451.76. The Finance Index lost 98.88 points to 12,889.91, the Plantation Index shed 74.15 points to 7,540.49 and the Industrial Index declined 47.98 points to 2,625.20.

The FBM Emas Index slid 100.09 points to 9,885.46, the FBM70 Index fell 100.33 points to 10,827.99, the FBM Top 100 Index dipped 95.75 points to 9,689.56 and the FBM ACE Index declined 52.81 points to 4,143.11.

Decliners led advancers 582 to 110 while 194 counters were unchanged, 595 untraded and 26 others suspended. Total volume stood at 707.766 million shares worth RM491.986 million.

For the actives, Compugates Holdings was unchanged at eight sen, Fast Track Solution also remained unchanged at 10.5 sen and DPS Resources slipped three sen to 19.5 sen, but Flonic Hi-Tech added three sen to 30 sen.

Among heavyweights, Maybank lost two sen to RM8.23, CIMB eased seven sen to RM6.80 and Sime Darby lost 10 sen to RM8.80 but RHB Capital gained 11 sen to RM7.40. -- Bernama



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KL shares easier in early trade

Share prices on Bursa Malaysia opened lower in early trading today in tandem with losses in regional markets on continuing concerns the euro zone debt crisis may spread to more countries in the 27-member European Union, dealers said.

However, penny stocks shares bucked the weak market sentiments on strong buying support.

As at 9.15am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 3.19 points to 1,451.21 after opening 2.64 points lower at 1,451.76.

The Finance Index lost 14.31 points to 12,974.48, the Plantation Index shed 14.05 points to 7,600.59 and the Industrial Index declined 8.63 points to 2,664.55.

The FBM Emas Index slid 18.28 points to 9,967.27, the FBM70 Index fell 3.53 points to 10,924.79, the FBM Top 100 Index dwindled 17.479 points to 9,767.83 but the FBM ACE Index rose 23.04 points to 4,218.96.

Decliners led advancers 138 to 91 while 140 counters were unchanged, 1,112 untraded and 36 others suspended. Total volume stood at 119.758 million shares worth RM47.090 million.

Actives, Compugates Holdings earned half a sen to 8.5 sen, Fast Track Solution also gained half a sen to 11 sen, Flonic Hi-Tech added 2.5 sen to 29.5 sen and Extol MSC was up half a sen to 26 sen.

Heavyweights, Maybank lost one sen to RM8.24, CIMB eased one sen to RM6.86, Sime Darby lost six sen to RM8.84 but RHB Capital gained three sen to RM7.32. -- Bernama



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