Showing posts with label KLK (2445). Show all posts
Showing posts with label KLK (2445). Show all posts
Monday, 15 December 2014
Monday, 7 May 2012
Global woes drag Asian equities lower
KUALA LUMPUR (May 7): The FBM KLCI remained in negative territory at the mid-day break on Monday, in line with the gloomy investor sentiment at key regional markets that saw the Japan and Hong Kong markets fall steeply by more than 2% each.
The FBM KLCI fell 7.76 points to 1,583.28 at 12.30pm, weighed by losses at select blue chips and index-linked PLANTATION [] counters.
Losers beat gainesr by 474 to 151, while 258 counters traded unchanged. Volume was 522.55 million shares valued at RM423.45 million.
The ringgit weakened 0.66% to 3,0613 versus the greenback, crude palm oil futures for the third month delivery fell RM30 per tonne to RM3,336, crude oil lost US$1.37 per barrel to US$97.12 while gold slumped US$4/27 an ounce to US$1,637.85.
Asian markets fell after elections in France and Greece raised concerns on whether euro zone economies will continue to pursue austerity measures and as U.S. jobs data came in weaker than expected, according to Reuters.
At the regional markets, Japan’s Nikkei 225 slumped 2.72% to 9,125.48, Hong Kong’s Hang Seng Index lost 2.43% to 20,573.10, the Shanghai Composite Index down 0.26% to 2,445.68, Taiwan’s Taiex fell 2.23% to 7,529.40, South Korea’s Kospi lost 1.77% to 1,953.91 and Singapore’s Straits Times Index fell 1.80% to 2,936.85.
On Bursa Malaysia, Dutch lady fell 30 sen to RM33.08, Tradewinds 19 sen to RM9.85, Carlsberg 18 sen to RM10.82, Hong Leong Bank and Asia Ply 16 sen each to RM12.20 and 14 sen, Allianz 15 sen to RM4.60, while IJM Corp and Petronas Dagangan fell 12 sen each to RM5.46 and RM19.38.
Among the plantations, Tradewinds Plantations fell 18 sen to RM5.80, KLK 16 sen to RM23.60, PPB eight sen to RM16.68, Batu Kawan four sen to RM18.80, Genting Plantations and IOI Corp two sen each to RM9.58 and RM5.25, while Sime Darby, IJM Plantations and Kulim fell one sen each to RM9.78, RM3.25 and RM4.23 respectively.
Time Engineering was the most actively traded counter with 399.51 million shares done. The stock rose four sen to 37 sen.
Other actives included SAAG, Ariantec, KFCH, Maybulk, Benalec, Metronic, JCY and Rubberex.
Gainers included Country View, Lafarge Malayan Cement, Glenealy, GAB< Permaju, NCB, Tan Chong, Tasek, Mentiga and MAHB.
The FBM KLCI fell 7.76 points to 1,583.28 at 12.30pm, weighed by losses at select blue chips and index-linked PLANTATION [] counters.
Losers beat gainesr by 474 to 151, while 258 counters traded unchanged. Volume was 522.55 million shares valued at RM423.45 million.
The ringgit weakened 0.66% to 3,0613 versus the greenback, crude palm oil futures for the third month delivery fell RM30 per tonne to RM3,336, crude oil lost US$1.37 per barrel to US$97.12 while gold slumped US$4/27 an ounce to US$1,637.85.
Asian markets fell after elections in France and Greece raised concerns on whether euro zone economies will continue to pursue austerity measures and as U.S. jobs data came in weaker than expected, according to Reuters.
At the regional markets, Japan’s Nikkei 225 slumped 2.72% to 9,125.48, Hong Kong’s Hang Seng Index lost 2.43% to 20,573.10, the Shanghai Composite Index down 0.26% to 2,445.68, Taiwan’s Taiex fell 2.23% to 7,529.40, South Korea’s Kospi lost 1.77% to 1,953.91 and Singapore’s Straits Times Index fell 1.80% to 2,936.85.
On Bursa Malaysia, Dutch lady fell 30 sen to RM33.08, Tradewinds 19 sen to RM9.85, Carlsberg 18 sen to RM10.82, Hong Leong Bank and Asia Ply 16 sen each to RM12.20 and 14 sen, Allianz 15 sen to RM4.60, while IJM Corp and Petronas Dagangan fell 12 sen each to RM5.46 and RM19.38.
Among the plantations, Tradewinds Plantations fell 18 sen to RM5.80, KLK 16 sen to RM23.60, PPB eight sen to RM16.68, Batu Kawan four sen to RM18.80, Genting Plantations and IOI Corp two sen each to RM9.58 and RM5.25, while Sime Darby, IJM Plantations and Kulim fell one sen each to RM9.78, RM3.25 and RM4.23 respectively.
Time Engineering was the most actively traded counter with 399.51 million shares done. The stock rose four sen to 37 sen.
Other actives included SAAG, Ariantec, KFCH, Maybulk, Benalec, Metronic, JCY and Rubberex.
Gainers included Country View, Lafarge Malayan Cement, Glenealy, GAB< Permaju, NCB, Tan Chong, Tasek, Mentiga and MAHB.
Friday, 4 May 2012
KLCI opens higher, blue chips lead
KUALA LUMPUR (May 4): The FBM opened higher on Friday, lifted by gains at select blue chips.
The FBM KLCI rose 2.96 points to 1,586.13 at 9am.
Gainers led losers by 84 to 38 while 74 counters traded unchanged. Volume was 19.99 million shares valued at RM21.55 million.
Meanwhile, global stocks and crude oil fell on Thursday after data showing tepid growth in the U.S. services sector raised concerns about the economic recovery a day before a highly anticipated labor market report for April, according to Reuters.
Stocks turned lower, government debt pared losses and the U.S. dollar trimmed gains against the yen after the Institute for Supply Management said its services sector index fell to 53.5 in April from 56.0 the previous month, it said.
U.S. stocks fell on Thursday as economic data sent mixed signals on the recovery a day before the April payrolls report, while shares of Green Mountain plunged after poor results.
Slower-than-expected growth in the dominant U.S. services sector drove the day's trading. The retail sector dragged the market lower after several chains, including Target Corp and Gap Inc, fell after missing April sales estimates.
MIDF Research in a note Friday said bot its own and consensus FBM KLCI earnings growth for this year were expected to be at around mid-teens, i.e. 16.2% and 16.6% respectively, supported by (i) decent organic earnings growth performance, as well as (ii) absence of lumpy abnormal losses.
“Furthermore, we believe the current liquidity-driven rally has not yet ended despite recent difficulty of the KLCI to sustain itself above the 1,600 points levels,” it said.
The research house said that with the risk-on mood still prevailing on Wall Street, as attested by the main benchmark which is stealthily approaching its pre-2008 highs, it may eventually help the markets in this region to resume their upward momentum.
“Hence we expect to see further upside to the local market with an “encore rally” in the coming months.
“We reiterate both our year-high as well as year-end 2012 KLCI base case targets of 1,670 points and 1,600 points respectively,” it said.
On Bursa Malaysia, Aeon led the gainers and rose 40 sen to RM10.20, Petronas Dagangan and Top Glove gained 20 sen each to RM19.50 and RM4.70, Orient 12 sen to RM6.80, Petronas Chemicals 10 sen RM6.65, Genting eight sen to RM10.58, Lafarge Malayan Cement and MMC Corp up sen each to RM7.39 and RM2.78, and KLK six sen to RM23.78.
The FBM KLCI rose 2.96 points to 1,586.13 at 9am.
Gainers led losers by 84 to 38 while 74 counters traded unchanged. Volume was 19.99 million shares valued at RM21.55 million.
Meanwhile, global stocks and crude oil fell on Thursday after data showing tepid growth in the U.S. services sector raised concerns about the economic recovery a day before a highly anticipated labor market report for April, according to Reuters.
Stocks turned lower, government debt pared losses and the U.S. dollar trimmed gains against the yen after the Institute for Supply Management said its services sector index fell to 53.5 in April from 56.0 the previous month, it said.
U.S. stocks fell on Thursday as economic data sent mixed signals on the recovery a day before the April payrolls report, while shares of Green Mountain plunged after poor results.
Slower-than-expected growth in the dominant U.S. services sector drove the day's trading. The retail sector dragged the market lower after several chains, including Target Corp and Gap Inc, fell after missing April sales estimates.
MIDF Research in a note Friday said bot its own and consensus FBM KLCI earnings growth for this year were expected to be at around mid-teens, i.e. 16.2% and 16.6% respectively, supported by (i) decent organic earnings growth performance, as well as (ii) absence of lumpy abnormal losses.
“Furthermore, we believe the current liquidity-driven rally has not yet ended despite recent difficulty of the KLCI to sustain itself above the 1,600 points levels,” it said.
The research house said that with the risk-on mood still prevailing on Wall Street, as attested by the main benchmark which is stealthily approaching its pre-2008 highs, it may eventually help the markets in this region to resume their upward momentum.
“Hence we expect to see further upside to the local market with an “encore rally” in the coming months.
“We reiterate both our year-high as well as year-end 2012 KLCI base case targets of 1,670 points and 1,600 points respectively,” it said.
On Bursa Malaysia, Aeon led the gainers and rose 40 sen to RM10.20, Petronas Dagangan and Top Glove gained 20 sen each to RM19.50 and RM4.70, Orient 12 sen to RM6.80, Petronas Chemicals 10 sen RM6.65, Genting eight sen to RM10.58, Lafarge Malayan Cement and MMC Corp up sen each to RM7.39 and RM2.78, and KLK six sen to RM23.78.
Monday, 30 April 2012
KLCI inches higher at mid-morning, brushes off concerns after Bersih rally
KUALA LUMPUR (April 30): The FBM KLCI brushed off events over last weekend arising from the Bersih 3.0 rally and inched higher on Monday, in line with the gains at most regional markets, lifted by select blue chips in early trade.
At 10am, the FBM KLCI was up 3.64 points to 1,571.44.
Gainers led losers by 184 to 151, while 202 counters traded unchanged. Volume was 183.93 million shares valued at RM115.43 million.
Asian shares inched higher on Monday as weaker-than-expected U.S. growth data left open the possibility for more monetary stimulus from the Federal Reserve, but trading will likely be subdued with Japanese and Chinese markets closed, according to Reuters.
Global stocks ended higher on Friday on strong earnings reports, while the dollar dipped as data showed growth in the U.S. economy cooled in the first quarter to a 2.2% annual growth rate, below a 2.5% forecast, feeding views that the Fed could ease policy further to boost growth, it said.
At the regional markets, Hong Kong’s Hang Seng Index rose 1.12% to 20,973.80, South Korea’s Kospi added 0.44% to 1,984.09, while Singapore’s Straits Times index fell 0.20% to 2,975.60 and Taiwan’s Taiex shed 0.27% to 7,460.38.
Maybank Investment Bank Bhd in a market strategy note Monday maintained its Neutral stance on the FBM KLCI and said it expects the market to continue pricing in political concerns ahead of the 13th General Elections (13GE).
It said last Saturday's Bersih 3.0 rally had thrown up the possibility of the 13GE being deferred.
“On the external front, renewed concerns over the Eurozone imply heightened volatility again for equity markets.
“Against such a backdrop, we expect domestic equities to stay range bound ahead of the 13GE, and advise investors to stay selective in their picks,” it said.
BIMB Securities Research said on Monday that in the US solid corporate earnings, improving economic growth and employment had kept investors upbeat on equities hence the higher closing for the Dow Jones Industrial Average at 13,228 (+24 points).
Meanwhile European bourses all closed higher possible on a rebound after an eventful week, it said.
“We believe this as a lull before the storm as the situation in Spain is ripe for traders to manufacture more volatility ahead.
“To recap, the country recently was downgraded by the S&P and recently reported its unemployment rate of 24.4% for 1Q12 should become as a main target to derail sentiments, it said.
The research house said Asian markets were weaker possibly spooked by the situation in Spain amid profit taking activities.
“Locally, the FBM KLCI fell almost 12 points to 1,567 ahead of the Bersih 3.0 Rally as investors continue to pare down their holdings.
“We believe outlook for the local bourse has deteriorated for the 2Q12 unless corporate earnings for the 1Q excel. Next support is seen at 1,560,” it said.
Among the gainers on Bursa Malaysia at mid-morning, Chin Teck added 29 sen to RM9.30, Aeon Credit and Petronas Dagangan up 22 sen each to RM10.38 and RM19.28, Tasek 21 sen to RM8.76, UMW and Carlsberg 14 sen each to RM7.97 and RM11.62, Genting PLANTATION []s 13 sen to RM9.52, Toyo Ink and KLK 12 sen each to RM1.53 and RM23.82, while Petra Energy added 11 sen to RM1.27.
Utopia was the most actively traded counter with 178.28 million shares done. The stock was unchanged at 8.5 sen.
Other actives included DRB-Hicom, XDL, CSL, Berjaya Corp. Daya Materials, Metronic and Oversea.
Decliners included PacificMas, Bumi armada, Dutch Lady, IJM Plantations, Sarawak Plantations, Batu Kawan, GAB and Gadang.
At 10am, the FBM KLCI was up 3.64 points to 1,571.44.
Gainers led losers by 184 to 151, while 202 counters traded unchanged. Volume was 183.93 million shares valued at RM115.43 million.
Asian shares inched higher on Monday as weaker-than-expected U.S. growth data left open the possibility for more monetary stimulus from the Federal Reserve, but trading will likely be subdued with Japanese and Chinese markets closed, according to Reuters.
Global stocks ended higher on Friday on strong earnings reports, while the dollar dipped as data showed growth in the U.S. economy cooled in the first quarter to a 2.2% annual growth rate, below a 2.5% forecast, feeding views that the Fed could ease policy further to boost growth, it said.
At the regional markets, Hong Kong’s Hang Seng Index rose 1.12% to 20,973.80, South Korea’s Kospi added 0.44% to 1,984.09, while Singapore’s Straits Times index fell 0.20% to 2,975.60 and Taiwan’s Taiex shed 0.27% to 7,460.38.
Maybank Investment Bank Bhd in a market strategy note Monday maintained its Neutral stance on the FBM KLCI and said it expects the market to continue pricing in political concerns ahead of the 13th General Elections (13GE).
It said last Saturday's Bersih 3.0 rally had thrown up the possibility of the 13GE being deferred.
“On the external front, renewed concerns over the Eurozone imply heightened volatility again for equity markets.
“Against such a backdrop, we expect domestic equities to stay range bound ahead of the 13GE, and advise investors to stay selective in their picks,” it said.
BIMB Securities Research said on Monday that in the US solid corporate earnings, improving economic growth and employment had kept investors upbeat on equities hence the higher closing for the Dow Jones Industrial Average at 13,228 (+24 points).
Meanwhile European bourses all closed higher possible on a rebound after an eventful week, it said.
“We believe this as a lull before the storm as the situation in Spain is ripe for traders to manufacture more volatility ahead.
“To recap, the country recently was downgraded by the S&P and recently reported its unemployment rate of 24.4% for 1Q12 should become as a main target to derail sentiments, it said.
The research house said Asian markets were weaker possibly spooked by the situation in Spain amid profit taking activities.
“Locally, the FBM KLCI fell almost 12 points to 1,567 ahead of the Bersih 3.0 Rally as investors continue to pare down their holdings.
“We believe outlook for the local bourse has deteriorated for the 2Q12 unless corporate earnings for the 1Q excel. Next support is seen at 1,560,” it said.
Among the gainers on Bursa Malaysia at mid-morning, Chin Teck added 29 sen to RM9.30, Aeon Credit and Petronas Dagangan up 22 sen each to RM10.38 and RM19.28, Tasek 21 sen to RM8.76, UMW and Carlsberg 14 sen each to RM7.97 and RM11.62, Genting PLANTATION []s 13 sen to RM9.52, Toyo Ink and KLK 12 sen each to RM1.53 and RM23.82, while Petra Energy added 11 sen to RM1.27.
Utopia was the most actively traded counter with 178.28 million shares done. The stock was unchanged at 8.5 sen.
Other actives included DRB-Hicom, XDL, CSL, Berjaya Corp. Daya Materials, Metronic and Oversea.
Decliners included PacificMas, Bumi armada, Dutch Lady, IJM Plantations, Sarawak Plantations, Batu Kawan, GAB and Gadang.
Thursday, 26 April 2012
KLCI gains on US policy, corporate updates
KUALA LUMPUR (April 26) : Malaysian shares erased gains, albeit, still in positive territory in tandem with gains across Asian bourses on Thursday morning. This follows a stronger overnight close across US equities.
Global markets found support from US lawmakers’ commitment to maintain accommodative policies to sustain growth, besides improving corporate earnings from the world’s largest economy.
At 10am, the FBM KLCI added 1.31 points to 1,580.66. Across the exchange, some 343 million shares worth RM160 million were traded, leading to 167 gainers versus 182 decliners.
Top gainers Panasonic Manufacturing Malaysia Bhd was up 40 sen to RM23 while DUTCH LADY MILK INDUSTRIES BHD [] gained 24 sen to RM33.94.
Among decliners, KUALA LUMPUR KEPONG BHD [] fell 14 sen to RM23.68 while SEG INTERNATIONAL BHD [] was down eight sen to RM1.73.
Among actively-traded stocks, Ariantec Global Bhd fell 1.5 sen to RM24.5 sen with some 21 million shares done.
Global markets found support from US lawmakers’ commitment to maintain accommodative policies to sustain growth, besides improving corporate earnings from the world’s largest economy.
At 10am, the FBM KLCI added 1.31 points to 1,580.66. Across the exchange, some 343 million shares worth RM160 million were traded, leading to 167 gainers versus 182 decliners.
Top gainers Panasonic Manufacturing Malaysia Bhd was up 40 sen to RM23 while DUTCH LADY MILK INDUSTRIES BHD [] gained 24 sen to RM33.94.
Among decliners, KUALA LUMPUR KEPONG BHD [] fell 14 sen to RM23.68 while SEG INTERNATIONAL BHD [] was down eight sen to RM1.73.
Among actively-traded stocks, Ariantec Global Bhd fell 1.5 sen to RM24.5 sen with some 21 million shares done.
Wednesday, 25 April 2012
KLCI dips to below 1,580-level, blue chips drag
KUALA LUMPUR (April 25): The FBM KLCI closed below the 1,580-point level on Wednesday, reversing its gains earlier in the morning session, weighed by losses including Genting, Tenaga, CIMB, KLK and Petronas Dagangan.
The index fell 2.93 points to 1,579.35.
Market breadth was weak with 405 losers, 315 gainers and 346 counters trading unchanged. Volume was 1.47 billion shares valued at RM1.53 billion.
Meanwhile, global shares rose on Wednesday ahead of the U.S. Federal Reserve's policy meeting, due mainly to signs of good demand for euro zone sovereign debt before a German bond sale, and some strong corporate earnings, according to Reuters.
Markets could take their cues from several planned public speeches by European Central Bank officials, which will be scrutinised for any signs it would consider more liquidity operations if the euro zone's problems worsened, it said.
At the regional markets, Japan’s Nikkei 225 rose 0.98% to 9,561.01, Taiwan’s Taiex added 0.86% to 7,563.18, and the Shanghai Composite Index gained 0.75% to 2,406.81 and Singapore’s Straits Times Index added 0.20% to 2,980.19.
Meanwhile, Hong Kong’s Hang Seng Index lost 0.15 % to 20,646.29 and South Korea’s Kospi shed 0.07% to 1,961.98.
Among the decliners on Bursa Malaysia, BAT fell 28 sen to RM55.12, KLK and TH PLANTATION []s lost 16 sen each to RM23.82 and RM2.65, CSL down 15 sen to RM1.48, UMS 14 sen to RM1.66, Yeo Hiap Seng 13 sen to RM2.88, Toyo Ink, Tanjung Offshore and MMC Corp down 12 sen each to RM1.36, 78 sen and RM2.62 respectively, while Quality Concrete lost 11 sen to RM1.24.
Utopia was the most actively traded counter with 186.1 million shares done. The stock added one sen to 9.5 sen.
Other actives included Ariantec, Ramunia, CSL, Metronic, Astral Supreme, HWGB and JCY.
Meanwhile, the gainers included Panasonic, UMWE, The Store, NSOP, SPB, Batu Kawan, Cepco, TDM and Scientex.
The index fell 2.93 points to 1,579.35.
Market breadth was weak with 405 losers, 315 gainers and 346 counters trading unchanged. Volume was 1.47 billion shares valued at RM1.53 billion.
Meanwhile, global shares rose on Wednesday ahead of the U.S. Federal Reserve's policy meeting, due mainly to signs of good demand for euro zone sovereign debt before a German bond sale, and some strong corporate earnings, according to Reuters.
Markets could take their cues from several planned public speeches by European Central Bank officials, which will be scrutinised for any signs it would consider more liquidity operations if the euro zone's problems worsened, it said.
At the regional markets, Japan’s Nikkei 225 rose 0.98% to 9,561.01, Taiwan’s Taiex added 0.86% to 7,563.18, and the Shanghai Composite Index gained 0.75% to 2,406.81 and Singapore’s Straits Times Index added 0.20% to 2,980.19.
Meanwhile, Hong Kong’s Hang Seng Index lost 0.15 % to 20,646.29 and South Korea’s Kospi shed 0.07% to 1,961.98.
Among the decliners on Bursa Malaysia, BAT fell 28 sen to RM55.12, KLK and TH PLANTATION []s lost 16 sen each to RM23.82 and RM2.65, CSL down 15 sen to RM1.48, UMS 14 sen to RM1.66, Yeo Hiap Seng 13 sen to RM2.88, Toyo Ink, Tanjung Offshore and MMC Corp down 12 sen each to RM1.36, 78 sen and RM2.62 respectively, while Quality Concrete lost 11 sen to RM1.24.
Utopia was the most actively traded counter with 186.1 million shares done. The stock added one sen to 9.5 sen.
Other actives included Ariantec, Ramunia, CSL, Metronic, Astral Supreme, HWGB and JCY.
Meanwhile, the gainers included Panasonic, UMWE, The Store, NSOP, SPB, Batu Kawan, Cepco, TDM and Scientex.
KLCI edges down 0.1% at mid-day break
KUALA LUMPUR (April 25): The FBM KLCI edged down 0.1% at the mid-break on Wednesday in choppy trade, weighed by losses at key blue chips including Genting, Tenaga and Petronas-linked counters.
The benchmark index was down 0.81 of a point to 1,581.47 at the mid-day break.
Gainers trailed losers by 271 to 302, while 318 counters trade unchanged. Volume was 777.12 million shares valued at RM621.37 million.
The ringgit weakened 0.04% to 3.0638 versus the greenback, crude palm oil futures fell RM3 per tonne to RM3,460, crude oil gained 21 cents per barrel to US$103.76 and gold added 10 cents an ounce to US$1,642.38.
Meanwhile, Asian shares rose on Wednesday, buoyed by firm U.S. corporate earnings, signs of an improving U.S. housing market, and healthy demand for euro zone sovereign debt, while investor focus shifted to the Federal Reserve's policy meeting.
Markets will be looking for the Fed's economic assessment and clues to future monetary policy, including the probability of a third round of quantitative easing, when it ends its two-day meeting later on Wednesday.
At the regional markets, Japan’s Nikkei 225 gained 0.98% to 9,560.47, Hong Kong’s Hang Seng Index edged up 0.08% to 20,693.10, the Shanghai Composite Index rose 0.33% to 2,396.68, Taiwan’s Taiex gained 0.83% to 7,561.07, South Korea’s Kospi was up 0.23% to 1,967.99 and Singapore’s Straits Times Index was up 0.09% to 2,976.93.
Maybank Investment Bank Bhd head of retail research and chief chartist Lee Cheng Hooi in a note to clients on Wedneday said the FBM KLCI declined 1.52 points to close at 1,582.28 on Tuesday.
“Its resistance areas of 1,582 and 1,609 will cap market gains, whilst the weaker support areas are located at 1,562 and 1,579.
“Despite the US markets’ better tone last night, we may be in for another day of heavy selling here,” he said.
On Bursa Malaysia, Petronas Dagangan was the top loser and fell 20 sen to RM19.08, Tradewinds PLANTATION []s fell 15 sen to RM5.51, UMS 13 sen to RM1.67, Yeoh Hiap Seng 12 sen to RM2.89, Aeon Credit 11 sen to RM9.87, MMC Corp 10 sen to RM2.64, TH Plantations nine sen to RM2.72, Tanjung Offshore 8.5 sen to 81.5 sen and Rapid fell eight sen to RM2.49.
Meanwhile, Genting and Tenaga fell four sen each to RM10.52 and RM6.49, KLK eight sen to RM23.90 and Petronas Gas fell six sen to RM16.88.
Utopia was the most actively traded counter with 108.85 million shares done. The stock added one sen to 9.5 sen.
Other actives included Ariantec, Ramunia, CSL, Metronic, JCY, Karambunai and Astral Supreme.
Gainers included Panasonic, UMW, TDM, KPJ shares and warrants, Pintaras, Ekovest, MPI and Carlsberg.
The benchmark index was down 0.81 of a point to 1,581.47 at the mid-day break.
Gainers trailed losers by 271 to 302, while 318 counters trade unchanged. Volume was 777.12 million shares valued at RM621.37 million.
The ringgit weakened 0.04% to 3.0638 versus the greenback, crude palm oil futures fell RM3 per tonne to RM3,460, crude oil gained 21 cents per barrel to US$103.76 and gold added 10 cents an ounce to US$1,642.38.
Meanwhile, Asian shares rose on Wednesday, buoyed by firm U.S. corporate earnings, signs of an improving U.S. housing market, and healthy demand for euro zone sovereign debt, while investor focus shifted to the Federal Reserve's policy meeting.
Markets will be looking for the Fed's economic assessment and clues to future monetary policy, including the probability of a third round of quantitative easing, when it ends its two-day meeting later on Wednesday.
At the regional markets, Japan’s Nikkei 225 gained 0.98% to 9,560.47, Hong Kong’s Hang Seng Index edged up 0.08% to 20,693.10, the Shanghai Composite Index rose 0.33% to 2,396.68, Taiwan’s Taiex gained 0.83% to 7,561.07, South Korea’s Kospi was up 0.23% to 1,967.99 and Singapore’s Straits Times Index was up 0.09% to 2,976.93.
Maybank Investment Bank Bhd head of retail research and chief chartist Lee Cheng Hooi in a note to clients on Wedneday said the FBM KLCI declined 1.52 points to close at 1,582.28 on Tuesday.
“Its resistance areas of 1,582 and 1,609 will cap market gains, whilst the weaker support areas are located at 1,562 and 1,579.
“Despite the US markets’ better tone last night, we may be in for another day of heavy selling here,” he said.
On Bursa Malaysia, Petronas Dagangan was the top loser and fell 20 sen to RM19.08, Tradewinds PLANTATION []s fell 15 sen to RM5.51, UMS 13 sen to RM1.67, Yeoh Hiap Seng 12 sen to RM2.89, Aeon Credit 11 sen to RM9.87, MMC Corp 10 sen to RM2.64, TH Plantations nine sen to RM2.72, Tanjung Offshore 8.5 sen to 81.5 sen and Rapid fell eight sen to RM2.49.
Meanwhile, Genting and Tenaga fell four sen each to RM10.52 and RM6.49, KLK eight sen to RM23.90 and Petronas Gas fell six sen to RM16.88.
Utopia was the most actively traded counter with 108.85 million shares done. The stock added one sen to 9.5 sen.
Other actives included Ariantec, Ramunia, CSL, Metronic, JCY, Karambunai and Astral Supreme.
Gainers included Panasonic, UMW, TDM, KPJ shares and warrants, Pintaras, Ekovest, MPI and Carlsberg.
Monday, 23 April 2012
KLCI in volatile trade on global weakness, local pre-election sentiment
KUALA LUMPUR (April 20) : Malaysian stocks exhibited volatility on the first trading day of the week as the stock benchmark erased gains and sank into the red on Monday morning.
Analysts said global economic data and Malaysia’s pre-election sentiment could curb gains across the FBM KLCI. Crucial global highlights this week include potential indications of further quantitative easing by US policymakers, and China’s monetary policy, results from which, will influence the direction of global financial markets.
“Downside pressure remains for the FBM KLCI,” TA Securities Holdings Bhd wrote in a note.
“Against the backdrop of mixed economic data, it remains to be seen whether the Federal Reserve will provide any clue on a third quantitative easing when the policy makers start a two-day meeting tomorrow. Signs of another round of liquidity injection will drive up equity markets and the opposite could trigger some profit-taking pressure,” TA added.
At 9.59am, the FBM KLCI fell 9.24 points to 1,582.61. Across the exchange, some 424 million shares worth RM208 million were traded, leading to 160 gainers versus 263 decliners.
Top gainers DUTCH LADY MILK INDUSTRIES BHD [] added 38 sen to RM35.26 while Panasonic Manufacturing Malaysia Bhd was up 30 sen to RM22.30.
Among decliners, BRITISH AMERICAN TOBACCO (M) [] Bhd fell 76 sen to RM55.72 while KUALA LUMPUR KEPONG BHD [] was down 22 sen to RM23.90.
Most active was Ariantec Global Bhd which rose one sen to 23 sen with some 13 million shares done.
Among Asian bourses, Japan’s Nikkei 225 rose 0.2% to 9,580.16 points, South Korea’s Kospi was down 0.32% to 1,968.34, while Australia’s S&P/ ASX 200 declined 0.33% to 4,352.2.
Analysts said global economic data and Malaysia’s pre-election sentiment could curb gains across the FBM KLCI. Crucial global highlights this week include potential indications of further quantitative easing by US policymakers, and China’s monetary policy, results from which, will influence the direction of global financial markets.
“Downside pressure remains for the FBM KLCI,” TA Securities Holdings Bhd wrote in a note.
“Against the backdrop of mixed economic data, it remains to be seen whether the Federal Reserve will provide any clue on a third quantitative easing when the policy makers start a two-day meeting tomorrow. Signs of another round of liquidity injection will drive up equity markets and the opposite could trigger some profit-taking pressure,” TA added.
At 9.59am, the FBM KLCI fell 9.24 points to 1,582.61. Across the exchange, some 424 million shares worth RM208 million were traded, leading to 160 gainers versus 263 decliners.
Top gainers DUTCH LADY MILK INDUSTRIES BHD [] added 38 sen to RM35.26 while Panasonic Manufacturing Malaysia Bhd was up 30 sen to RM22.30.
Among decliners, BRITISH AMERICAN TOBACCO (M) [] Bhd fell 76 sen to RM55.72 while KUALA LUMPUR KEPONG BHD [] was down 22 sen to RM23.90.
Most active was Ariantec Global Bhd which rose one sen to 23 sen with some 13 million shares done.
Among Asian bourses, Japan’s Nikkei 225 rose 0.2% to 9,580.16 points, South Korea’s Kospi was down 0.32% to 1,968.34, while Australia’s S&P/ ASX 200 declined 0.33% to 4,352.2.
Friday, 20 April 2012
Malaysian stocks ease on global weakness
KUALA LUMPUR (April 20) : Malaysians stocks fell on Friday morning in tandem with regional peers following a weaker overnight close across US markets. Global markets had reacted negatively to less-optimistic employment updates in the US, and rising yields for Spain government bonds.
Analysts said external factors could have the upper hand in dictating the FBM KLCI, prompting the anticipation of a further decline in the 30-stock benchmark.
“External headwinds will probably persist to push down our Malaysian bourse today,” HwangDBS Vickers Research Sdn Bhd wrote in note.
At 10am, the FBM KLCI fell 2.52 points to 1,594.1. Across the exchange, some 257 million shares worth RM148 million were traded, leading to 163 gainers versus 167 decliners.
Top gainers KUALA LUMPUR KEPONG BHD [] added 36 sen to RM24.16, while JAYA TIASA HOLDINGS BHD [] was up 32 sen to RM10.
Among decliners, GENTING BHD [] fell 12 sen to RM10.80 while HONG LEONG INDUSTRIES BHD [] was down 10 sen to RM4.12.
Most active was Ariantec Global Bhd which rose 1.5 sen to 19 sen with some 42 million shares done.
Among Asian bourses, Japan’s Nikkei 225 fell 0.44% to 9,545.96 points, South Korea’s Kospi was down 1.25% to 1,974.93, while Australia’s S&P/ ASX 200 declined 0.17% to 4,355.4.
Analysts said external factors could have the upper hand in dictating the FBM KLCI, prompting the anticipation of a further decline in the 30-stock benchmark.
“External headwinds will probably persist to push down our Malaysian bourse today,” HwangDBS Vickers Research Sdn Bhd wrote in note.
At 10am, the FBM KLCI fell 2.52 points to 1,594.1. Across the exchange, some 257 million shares worth RM148 million were traded, leading to 163 gainers versus 167 decliners.
Top gainers KUALA LUMPUR KEPONG BHD [] added 36 sen to RM24.16, while JAYA TIASA HOLDINGS BHD [] was up 32 sen to RM10.
Among decliners, GENTING BHD [] fell 12 sen to RM10.80 while HONG LEONG INDUSTRIES BHD [] was down 10 sen to RM4.12.
Most active was Ariantec Global Bhd which rose 1.5 sen to 19 sen with some 42 million shares done.
Among Asian bourses, Japan’s Nikkei 225 fell 0.44% to 9,545.96 points, South Korea’s Kospi was down 1.25% to 1,974.93, while Australia’s S&P/ ASX 200 declined 0.17% to 4,355.4.
Thursday, 19 April 2012
KLCI closes lower as investors remain jittery
KUALA LUMPUR (April 19): The FBM KLCI closed lower on Thursday, in line with the mixed sentiment at regional bourses underpinned by concerns of the Euro zone sovereign debt crisis.
Markets have grown jittery about the euro zone's capacity to prevent Spain's fiscal woes in particular from spreading to other vulnerable peripheral euro zone economies, despite massive liquidity injections by the European Central Bank, according to Reuters.
The FBM KLCI shed 2.24 points on Thursday to close at 1,596.62.
Market breadth turned negative with 429 losers, 281 gainers and 350 counters trading unchanged. Volume was 1.71 billion shares valued at RM1.56 billion.
At the regional markets, Japan’s Nikkei 225 fell 0.82% to 9.588.38, South Korea’s Kospi down 0.23% to 1,999.86 and the Shanghai Composite Index shed 0.09% to 2,378.63.
Meanwhile, Taiwan’s Taiex gained 0.23% to 7,622.69.
On Bursa Malaysia, Dutch Lady fell 60 sen to RM34.38, KLK down 40 sen to RM23.80, BAT shed 20 sen to RM55, Country View down 18 sen to 64 sen, CSL 15 sen to RM1.53, SAM Engineering 14 sen to RM3.65, Tradewinds and KESM down 13 sen each to RM9.69 and RM2.05, while Subur Tiasa lost 10 sen to RM2.98.
Ariantec was the most actively traded couter with 266.8 million shares done. The stock fell 1.5 sen to 17.5 sen.
Other actives included Utopia, CSL, Metronic, DBE Gurney, Compugates, Managed Pay, Iris Corp and Astral Supreme.
Gainers on Thursday included Pintaras, F&N, GAB, Metal Reclamation, Tan Chong, Can-One, Kian Joo, Bintulu Port and Genting.
Markets have grown jittery about the euro zone's capacity to prevent Spain's fiscal woes in particular from spreading to other vulnerable peripheral euro zone economies, despite massive liquidity injections by the European Central Bank, according to Reuters.
The FBM KLCI shed 2.24 points on Thursday to close at 1,596.62.
Market breadth turned negative with 429 losers, 281 gainers and 350 counters trading unchanged. Volume was 1.71 billion shares valued at RM1.56 billion.
At the regional markets, Japan’s Nikkei 225 fell 0.82% to 9.588.38, South Korea’s Kospi down 0.23% to 1,999.86 and the Shanghai Composite Index shed 0.09% to 2,378.63.
Meanwhile, Taiwan’s Taiex gained 0.23% to 7,622.69.
On Bursa Malaysia, Dutch Lady fell 60 sen to RM34.38, KLK down 40 sen to RM23.80, BAT shed 20 sen to RM55, Country View down 18 sen to 64 sen, CSL 15 sen to RM1.53, SAM Engineering 14 sen to RM3.65, Tradewinds and KESM down 13 sen each to RM9.69 and RM2.05, while Subur Tiasa lost 10 sen to RM2.98.
Ariantec was the most actively traded couter with 266.8 million shares done. The stock fell 1.5 sen to 17.5 sen.
Other actives included Utopia, CSL, Metronic, DBE Gurney, Compugates, Managed Pay, Iris Corp and Astral Supreme.
Gainers on Thursday included Pintaras, F&N, GAB, Metal Reclamation, Tan Chong, Can-One, Kian Joo, Bintulu Port and Genting.
KLCI slips into the red at mid-day break
KUALA LUMPUR (April 19): The FBM KLCI gave up some ground to slip into negative territory at the mid-day break on Thursday, in line with the generally tepid sentiment at key regional markets.
Asian shares and the euro traded in tight ranges on Thursday ahead of a Spanish bond sale seen as a key test of investors' risk appetite amid renewed concerns over the euro zone's debt crisis, according to Reuters.
Meanwhile, U.S. stocks slipped on Wednesday, a day after Wall Street's best gains in a month, as uninspiring earnings from tech bellwethers IBM and Intel gave investors a reason to take profits, according to Reuters
The FBM KLCI fell 2.80 points to 1,596.06 at 12.30pm, weighed by losses at select blue chips including CIMB, KLK, Maybank and Genting.
Losers beat gainers by 358 to 221, while 311 counters traded unchanged. Volume was 1.02 billion shares valued at RM661.94 million.
The ringgit weakened 0.13% to 3.0686 versus the greenback, crude palm oil futures for the third month delivery fell RM30 per tonne to RM3,449, crude oil shed 11 cents per barrel to US$102.56 while gold lost US$4.50 an ounce to US$1,637.60.
At the regional markets, Japan’s Nikkei 225 fell 0.89% to 9,580.90, the Shanghai Composite Index down 0.14% to 2,377.57, Singapore’s Straits Times Index fell 0.08% to 2,998.17, south Korea’s Kospi lost 0.33% to 1,997.92, Taiwan’s Taiex edged down 0.01% to 7,604.367 while Hong Kong’s Hang Seng Index gained 0.36% to 20,856.40.
Among the major losers on Bursa Malaysia, Dutch Lady lost 38 sen to RM34.60, KLK 24 sen to RM23.96, Country View 21 sen to 61 sen, Tradewinds 16 sen to RM9.66, KESM and SAM Engineering down 12 sen each to RM2.06 and RM3.67, CSL 10 sen to RM1.68, Subur Tiasa eight sen to RM3 and Nice seven sen to 31 sen.
Meanwhile, CIMB lost three sen to RM7.64, Maybank and Genting down two sen each to M8.85 and RM10.80, and DiGi was down one sen to RM3.92.
Ariantec was the most actively traded counter with 143.99 million shares done. The stock was unchanged at 19 sen.
Other actives included Utopia, CSL, metronic, DBE Gurney, Compugates, Iris Corp and Astral Supreme.
Gainers included Can-One, Tan Chong, F&N, Pintaras, Jaya Tiasa, Bintulu Port, Aeon Credit, Utusan and GAB.
Asian shares and the euro traded in tight ranges on Thursday ahead of a Spanish bond sale seen as a key test of investors' risk appetite amid renewed concerns over the euro zone's debt crisis, according to Reuters.
Meanwhile, U.S. stocks slipped on Wednesday, a day after Wall Street's best gains in a month, as uninspiring earnings from tech bellwethers IBM and Intel gave investors a reason to take profits, according to Reuters
The FBM KLCI fell 2.80 points to 1,596.06 at 12.30pm, weighed by losses at select blue chips including CIMB, KLK, Maybank and Genting.
Losers beat gainers by 358 to 221, while 311 counters traded unchanged. Volume was 1.02 billion shares valued at RM661.94 million.
The ringgit weakened 0.13% to 3.0686 versus the greenback, crude palm oil futures for the third month delivery fell RM30 per tonne to RM3,449, crude oil shed 11 cents per barrel to US$102.56 while gold lost US$4.50 an ounce to US$1,637.60.
At the regional markets, Japan’s Nikkei 225 fell 0.89% to 9,580.90, the Shanghai Composite Index down 0.14% to 2,377.57, Singapore’s Straits Times Index fell 0.08% to 2,998.17, south Korea’s Kospi lost 0.33% to 1,997.92, Taiwan’s Taiex edged down 0.01% to 7,604.367 while Hong Kong’s Hang Seng Index gained 0.36% to 20,856.40.
Among the major losers on Bursa Malaysia, Dutch Lady lost 38 sen to RM34.60, KLK 24 sen to RM23.96, Country View 21 sen to 61 sen, Tradewinds 16 sen to RM9.66, KESM and SAM Engineering down 12 sen each to RM2.06 and RM3.67, CSL 10 sen to RM1.68, Subur Tiasa eight sen to RM3 and Nice seven sen to 31 sen.
Meanwhile, CIMB lost three sen to RM7.64, Maybank and Genting down two sen each to M8.85 and RM10.80, and DiGi was down one sen to RM3.92.
Ariantec was the most actively traded counter with 143.99 million shares done. The stock was unchanged at 19 sen.
Other actives included Utopia, CSL, metronic, DBE Gurney, Compugates, Iris Corp and Astral Supreme.
Gainers included Can-One, Tan Chong, F&N, Pintaras, Jaya Tiasa, Bintulu Port, Aeon Credit, Utusan and GAB.
KLCI weighed down by European debt concerns
KUALA LUMPUR (April 19) : Malaysian stocks erased earlier gains but still traded in positive territory on Thursday morning following a weaker overnight close across US markets, and as investors anticipate more European sovereign debt updates.
Investors will continue to monitor Spain government bond sales on Thursday and US corporate earnings as they weigh the impact of pre-election sentiment in Malaysia.
At 10am, the FBM KLCI added 0.71 points to 1,599.57. Across the exchange, some 424 million shares worth RM156 million were traded, leading to 161 gainers versus 166 decliners.
Top gainers BRITISH AMERICAN TOBACCO (M) [] Bhd rose 26 sen to RM55.46 while PINTARAS JAYA BHD [] added 17 sen to RM2.96.
Decliners KUALA LUMPUR KEPONG BHD [] fell 16 sen to RM24.04, while PPB GROUP BHD [] was down 10 sen to RM16.54.
Most active was 1 Utopia Bhd which rose one sen to nine sen with some 72 million shares done.
Among Asian bourses, Japan’s Nikkei 225 fell 0.67% to 9,602.36 points, South Korea’s Kospi was down 0.13% to 2,001.98, while Australia’s S&P/ ASX 200 rose 0.24% to 4,359.
Investors will continue to monitor Spain government bond sales on Thursday and US corporate earnings as they weigh the impact of pre-election sentiment in Malaysia.
At 10am, the FBM KLCI added 0.71 points to 1,599.57. Across the exchange, some 424 million shares worth RM156 million were traded, leading to 161 gainers versus 166 decliners.
Top gainers BRITISH AMERICAN TOBACCO (M) [] Bhd rose 26 sen to RM55.46 while PINTARAS JAYA BHD [] added 17 sen to RM2.96.
Decliners KUALA LUMPUR KEPONG BHD [] fell 16 sen to RM24.04, while PPB GROUP BHD [] was down 10 sen to RM16.54.
Most active was 1 Utopia Bhd which rose one sen to nine sen with some 72 million shares done.
Among Asian bourses, Japan’s Nikkei 225 fell 0.67% to 9,602.36 points, South Korea’s Kospi was down 0.13% to 2,001.98, while Australia’s S&P/ ASX 200 rose 0.24% to 4,359.
Thursday, 12 April 2012
Tenaga, blue chips lift KLCI
KUALA LUMPUR (April 12): The FBM KLCI closed higher on Thursday, lifted by gains at blue chips including Tenaga, Genting PLANTATION []s and Petronas Dagangan.
The FBM KLCI gained 4.10 points to close at 1,601.27.
Losers edged gainers by 366 to 360, while 321 counters traded unchanged. Volume was 1.11 billion shares valued at RM1.60 billion.
At the regional markets, most of the bourses reversed earlier losses as the Shanghai Composite Index rose more than 1.8%.
Meanwhile, Hong Kong shares rose on Thursday lifted by the rally in mainland markets on the back of reports of proposals to boost economic development in Shenzen as well as optimism of easier monetary policy following GDP data due later in the week, according to Reuters.
The euro neared a one-week high against the dollar and European bond markets steadied on Thursday as investors awaited an Italian debt sale that will show whether concerns over Spain are spreading to other debt-laden euro zone nations, it said.
At the regional markets, the Shanghai Composite Index rose 1.82% to 2,350.86, Hong Kong’s Hang Seng Index added 0.93% to 20,327.32,Japan’s Nikkei 225 gained 0.70% to 9.524.79, Taiwan’s Taiex edged up 0.08% to 7,662.92, whiel South Korea’s Kospi fell 0.39% to 1,986.63.
On Bursa Malaysia, Jaya Tiasa was the top gainer and rose 44 sen to RM8.99, SMPC up 34 sen to RM1.48, Tradewinds Plantations gained 19 sen to RM5.90, Cybertowers and Sarawak Oil Palms up 16 sen each to 75 sen and RM6.88, Genting Plantations and Brahims 15 sen each to RM9.67 and RM1.33, while Tenaga, Bat and United Plantations rose 14 sen each to RM6.51, RM54.84 and RM24.90 respectively.
Among the decliners, Warisan fell 30 sen to RM2.20, GAB down 22 sen to RM12.64, KLK 18 sen to RM24.32, BLD Plantations 16 sen to RM9.23, Panasonic, Manulife, Top Glove and LPI down 12 sen each to RM21.50, RM3.25, RM4.20 and RM13.80 respectively, RHB Capital fell 11 sen to RM7.36 and Shangri-La lost 10 sen to RM2.98.
The actives included JCY, Tiger Synergy, Asia Bio, Metronic, Ariantec and CSL.
The FBM KLCI gained 4.10 points to close at 1,601.27.
Losers edged gainers by 366 to 360, while 321 counters traded unchanged. Volume was 1.11 billion shares valued at RM1.60 billion.
At the regional markets, most of the bourses reversed earlier losses as the Shanghai Composite Index rose more than 1.8%.
Meanwhile, Hong Kong shares rose on Thursday lifted by the rally in mainland markets on the back of reports of proposals to boost economic development in Shenzen as well as optimism of easier monetary policy following GDP data due later in the week, according to Reuters.
The euro neared a one-week high against the dollar and European bond markets steadied on Thursday as investors awaited an Italian debt sale that will show whether concerns over Spain are spreading to other debt-laden euro zone nations, it said.
At the regional markets, the Shanghai Composite Index rose 1.82% to 2,350.86, Hong Kong’s Hang Seng Index added 0.93% to 20,327.32,Japan’s Nikkei 225 gained 0.70% to 9.524.79, Taiwan’s Taiex edged up 0.08% to 7,662.92, whiel South Korea’s Kospi fell 0.39% to 1,986.63.
On Bursa Malaysia, Jaya Tiasa was the top gainer and rose 44 sen to RM8.99, SMPC up 34 sen to RM1.48, Tradewinds Plantations gained 19 sen to RM5.90, Cybertowers and Sarawak Oil Palms up 16 sen each to 75 sen and RM6.88, Genting Plantations and Brahims 15 sen each to RM9.67 and RM1.33, while Tenaga, Bat and United Plantations rose 14 sen each to RM6.51, RM54.84 and RM24.90 respectively.
Among the decliners, Warisan fell 30 sen to RM2.20, GAB down 22 sen to RM12.64, KLK 18 sen to RM24.32, BLD Plantations 16 sen to RM9.23, Panasonic, Manulife, Top Glove and LPI down 12 sen each to RM21.50, RM3.25, RM4.20 and RM13.80 respectively, RHB Capital fell 11 sen to RM7.36 and Shangri-La lost 10 sen to RM2.98.
The actives included JCY, Tiger Synergy, Asia Bio, Metronic, Ariantec and CSL.
Monday, 9 April 2012
KLCI falls in tandem with regional markets
KUALA LUMPUR (April 9): A slew of negative external developments weighed down investor sentiment at the local bourse, and the FBM KLCI closed in the red on Monday.
Asian shares fell on Monday as a sharp slowdown in U.S. jobs growth raised concerns about the strength of the world's largest economy, prompting investors to curb risk exposure ahead of more U.S. data and earnings as well as figures from China this week, according to Reuters.
China stocks fell 0.9 percent on Monday, led by property firms, after data showed the inflation rate rose more than expected last month, prompting speculation that Beijing may delay further easing of monetary policy, it said.
The FBM KLCI closed 7.59 points lower at 1,591.28.
Market breadth was negative with 468 losers, 238 gainers and 322 counters trading unchanged. Volume was 1.08 billion shares valued at RM1.08 billion.
At the regional markets, Japan’s Nikkei 225 fell 1.47% to 9.546.26, the Shanghai Composite index was down 0.90% to 2,285.78, south Korea’a Kospi fell 1.57% to 1,997.08, Taiwan’s Taiex was fell 1.27% to 7,600.87 and Singapore’ Straits Times Index shed 0.87% to 2,960.10.
On Bursa Malaysia, BAT was the top loser and fell 74 sen to RM54.72, KrisAssets down 21 sen to RM6.67, BLD PLANTATION []s and Toyo Ink fell 20 sen each to RM9.20 and RM1.47, Panasonic and Petronas Dagangan down 18 sen each to RM21.70 and RM18.66, TDM and KLK lost 14 sen each to RM4.81 and RM24.50, while GAB and Petronas Gas were down 12 sen each to RM12.96 and RM16.66.
Naim Indah Corp was the most actively traded counter with 113.6 million shares done. The stock fell four sen to 53 sen.
Other actives included Metronic, DVM, EITA, Managed Pay, SuperComNet, Tiger Synergy and Focus.
Gainers included Aeon, SMPC, Milux, Kluang, Hong Leong Industries, Nationwide, Tanjung Offshore, Parkson, UMS and Nestle.
Asian shares fell on Monday as a sharp slowdown in U.S. jobs growth raised concerns about the strength of the world's largest economy, prompting investors to curb risk exposure ahead of more U.S. data and earnings as well as figures from China this week, according to Reuters.
China stocks fell 0.9 percent on Monday, led by property firms, after data showed the inflation rate rose more than expected last month, prompting speculation that Beijing may delay further easing of monetary policy, it said.
The FBM KLCI closed 7.59 points lower at 1,591.28.
Market breadth was negative with 468 losers, 238 gainers and 322 counters trading unchanged. Volume was 1.08 billion shares valued at RM1.08 billion.
At the regional markets, Japan’s Nikkei 225 fell 1.47% to 9.546.26, the Shanghai Composite index was down 0.90% to 2,285.78, south Korea’a Kospi fell 1.57% to 1,997.08, Taiwan’s Taiex was fell 1.27% to 7,600.87 and Singapore’ Straits Times Index shed 0.87% to 2,960.10.
On Bursa Malaysia, BAT was the top loser and fell 74 sen to RM54.72, KrisAssets down 21 sen to RM6.67, BLD PLANTATION []s and Toyo Ink fell 20 sen each to RM9.20 and RM1.47, Panasonic and Petronas Dagangan down 18 sen each to RM21.70 and RM18.66, TDM and KLK lost 14 sen each to RM4.81 and RM24.50, while GAB and Petronas Gas were down 12 sen each to RM12.96 and RM16.66.
Naim Indah Corp was the most actively traded counter with 113.6 million shares done. The stock fell four sen to 53 sen.
Other actives included Metronic, DVM, EITA, Managed Pay, SuperComNet, Tiger Synergy and Focus.
Gainers included Aeon, SMPC, Milux, Kluang, Hong Leong Industries, Nationwide, Tanjung Offshore, Parkson, UMS and Nestle.
FBM KLCI slips at mid-day break, but hovers above 1,590-level
KUALA LUMPUR (April 9): The FBM KLCI slipped into negative territory on Monday, in line with the waning sentiment at key regional markets, following a drop in US jobs growth that was reported last week.
Among the better performers on Bursa Malaysia in the morning session was newly-listed EITA Resources Bhd.
The FBM KLCI lost 4.66 points to 1,594.21 at 12.30pm.
Market breadth was weaker with 378 losers and 185 gainers, while 264 counters traded unchanged. Volume was 578.5 million shares valued at RM420.14 million.
The ringgit weakened 0.29% to 3,0728 versus the US dollar; crude palm oil futures for the third month delivery rose M13 per tonne to RM3,590, crude oil fell US$1.19 per barrel to US$101.12 while gold added US$2.05 an ounce to US$1,638.47.
Asian shares fell on Monday as a sharp slowdown in U.S. jobs growth raised concerns about the strength of the world's largest economy, prompting investors to curb risk exposure ahead of more U.S. data and earnings as well as figures from China this week, according to Reuters.
BIMB Securities Research in a note Monday said it would be a stop start scenario for equities this week following a weaker than expected job data for March in the US.
Therefore, investors and traders alike will reassess their risk/reward propositions before making more commitments, it said.
As of now, the lack of fresh catalysts will be the main excuse as well as the resurrection of Eurozone’s debt situation to be road bumps ahead for equity markets.
Then again, if both the US and China are to lean towards monetary easing, these may set the markets abuzz again.
For now, we can expect loads of fence sitters.
“Locally, the FBM KLCI failed to breach the 1,600 mark despite adding another 5 points to end the week at almost 1,599.
“For now, the lack of direction with some regional markets closed, we would expect a lacklustre market today with the immediate support seen at 1,590,” it said.
ON Bursa Malaysia, BAT fell 74 sen to RM54.72, Petronas Dagangan 30 sen to RM18.54, BLD PLANTATION []s fell 19 sen to RM9.21, KLK down 14 sen to RM24.50, GAB and Public Bank lost 12 sen each to RM12.96 and RM13.68, Chin Teck lost nine sen to RM9.06 while TDM was down eight sen to RM4.87.
Naim Indah Corp was the most actively traded counter with 81.28 million shares done. The stock fell three sen to 54 sen.
Other actives included EITA that rose 10.5 sen to 86.5 sen wth 30 millin shares traded.
Other actively traded stocks included DVM, Tiger Synergy, Time, SuperComNet, Metronic, Karambunai and Focus.
Gainers included Aeon, SMPC, KLuang, Dutch Lady, Eita, Hartalega, Nationwide, Parkson, Johore Tin and Nestle.
Among the better performers on Bursa Malaysia in the morning session was newly-listed EITA Resources Bhd.
The FBM KLCI lost 4.66 points to 1,594.21 at 12.30pm.
Market breadth was weaker with 378 losers and 185 gainers, while 264 counters traded unchanged. Volume was 578.5 million shares valued at RM420.14 million.
The ringgit weakened 0.29% to 3,0728 versus the US dollar; crude palm oil futures for the third month delivery rose M13 per tonne to RM3,590, crude oil fell US$1.19 per barrel to US$101.12 while gold added US$2.05 an ounce to US$1,638.47.
Asian shares fell on Monday as a sharp slowdown in U.S. jobs growth raised concerns about the strength of the world's largest economy, prompting investors to curb risk exposure ahead of more U.S. data and earnings as well as figures from China this week, according to Reuters.
BIMB Securities Research in a note Monday said it would be a stop start scenario for equities this week following a weaker than expected job data for March in the US.
Therefore, investors and traders alike will reassess their risk/reward propositions before making more commitments, it said.
As of now, the lack of fresh catalysts will be the main excuse as well as the resurrection of Eurozone’s debt situation to be road bumps ahead for equity markets.
Then again, if both the US and China are to lean towards monetary easing, these may set the markets abuzz again.
For now, we can expect loads of fence sitters.
“Locally, the FBM KLCI failed to breach the 1,600 mark despite adding another 5 points to end the week at almost 1,599.
“For now, the lack of direction with some regional markets closed, we would expect a lacklustre market today with the immediate support seen at 1,590,” it said.
ON Bursa Malaysia, BAT fell 74 sen to RM54.72, Petronas Dagangan 30 sen to RM18.54, BLD PLANTATION []s fell 19 sen to RM9.21, KLK down 14 sen to RM24.50, GAB and Public Bank lost 12 sen each to RM12.96 and RM13.68, Chin Teck lost nine sen to RM9.06 while TDM was down eight sen to RM4.87.
Naim Indah Corp was the most actively traded counter with 81.28 million shares done. The stock fell three sen to 54 sen.
Other actives included EITA that rose 10.5 sen to 86.5 sen wth 30 millin shares traded.
Other actively traded stocks included DVM, Tiger Synergy, Time, SuperComNet, Metronic, Karambunai and Focus.
Gainers included Aeon, SMPC, KLuang, Dutch Lady, Eita, Hartalega, Nationwide, Parkson, Johore Tin and Nestle.
KLCI down on weaker global economic data
KUALA LUMPUR (April 9) : Malaysian stocks fell on Monday morning in tandem with Asian market as less-optimistic economic data from the US, and anticipation of more updates from China weakened sentiment.
Analyst said the FBM KLCI is exhibiting weaker technical dynamics, despite gains last week. This could point to a decline in the index this week, they said.
“A market pullback may be in the horizon, with the FBM KLCI possibly making its way towards the first two support levels of 1,580 and 1,555, respectively, “ HwangDBS Vickers Research Sdn Bhd wrote in a note.
At 10.01am, the FBM KLCI fell 7.07 points to 1,591.8. Across the exchange, some 268 million shares worth RM148 million were traded, leading to 115 gainers versus 235 decliners.
Top gainers DUTCH LADY MILK INDUSTRIES BHD [] added 68 sen to RM36.48 while newly-listed EITA Resources Bhd rose 11.5 sen to RM87.5 sen.
Decliners BRITISH AMERICAN TOBACCO (M) [] Bhd fell 74 sen to RM54.72 while KUALA LUMPUR KEPONG BHD [] lost 28 sen to RM24.36.
Most active was Naim Indah Corp Bhd which declined two sen to 55 sen with some 63 million shares done
Among Asian equity benchmarks, Japan’s Nikkei 225 fell 1.51% to 9,541.71 points while South Korea’s Kospi declined 1.45% to 1,999.59.
The Hong Kong and Australian bourses are closed on Monday for the Good Friday and Easter holiday season.
Analyst said the FBM KLCI is exhibiting weaker technical dynamics, despite gains last week. This could point to a decline in the index this week, they said.
“A market pullback may be in the horizon, with the FBM KLCI possibly making its way towards the first two support levels of 1,580 and 1,555, respectively, “ HwangDBS Vickers Research Sdn Bhd wrote in a note.
At 10.01am, the FBM KLCI fell 7.07 points to 1,591.8. Across the exchange, some 268 million shares worth RM148 million were traded, leading to 115 gainers versus 235 decliners.
Top gainers DUTCH LADY MILK INDUSTRIES BHD [] added 68 sen to RM36.48 while newly-listed EITA Resources Bhd rose 11.5 sen to RM87.5 sen.
Decliners BRITISH AMERICAN TOBACCO (M) [] Bhd fell 74 sen to RM54.72 while KUALA LUMPUR KEPONG BHD [] lost 28 sen to RM24.36.
Most active was Naim Indah Corp Bhd which declined two sen to 55 sen with some 63 million shares done
Among Asian equity benchmarks, Japan’s Nikkei 225 fell 1.51% to 9,541.71 points while South Korea’s Kospi declined 1.45% to 1,999.59.
The Hong Kong and Australian bourses are closed on Monday for the Good Friday and Easter holiday season.
Friday, 6 April 2012
KLCI up 5pts in morning trade
KUALA LUMPUR (April 6) : The FBM KLCI rebounded on Friday morning following two consecutive days of losses as investors weigh global economic prospects in Europe and the US, against pre-election sentiment in Malaysia.
In technical terms, analysts said the FBM KLCI has touched its lower support trend line, and a break below that level could add downward pressure on the equity gauge.
“Nevertheless, the overall trend of the FBM KLCI still remained up. As the total volume continued to dwindle, the overall market is likely to remain in a consolidation mode with some penny stocks in rotational play,” SJ Securities Sdn Bhd wrote in a note.
The stock barometer added 5.02 points to 1,598.46 at 10am with some 237 million shares worth RM111 million changing hands. There were 206 gainers versus 119 declining stocks.
Top gainers BRITISH AMERICAN TOBACCO (M) [] Bhd rose 70 sen to RM55.68 while TRADEWINDS (M) BHD [], was up 18 sen to RM9.97.
Decliners KUALA LUMPUR KEPONG BHD [] fell 10 sen to RM24.50 while HWANG-DBS (M) BHD [] was down seven sen to RM2.41.
Most active was Naim Indah Corp Bhd which added two sen to 50.5 sen with some 37 million shares done.
Among Asian equity benchmarks, Japan’s Nikkei 225 fell 0.52% to 9,716.39 points while South Korea’s Kospi declined 0.07% to 2,027.35.
The Hong Kong and Australian bourses are closed on Friday and next Monday for the Good Friday and Easter holiday season. Singapore and US markets are not traded on Friday.
In technical terms, analysts said the FBM KLCI has touched its lower support trend line, and a break below that level could add downward pressure on the equity gauge.
“Nevertheless, the overall trend of the FBM KLCI still remained up. As the total volume continued to dwindle, the overall market is likely to remain in a consolidation mode with some penny stocks in rotational play,” SJ Securities Sdn Bhd wrote in a note.
The stock barometer added 5.02 points to 1,598.46 at 10am with some 237 million shares worth RM111 million changing hands. There were 206 gainers versus 119 declining stocks.
Top gainers BRITISH AMERICAN TOBACCO (M) [] Bhd rose 70 sen to RM55.68 while TRADEWINDS (M) BHD [], was up 18 sen to RM9.97.
Decliners KUALA LUMPUR KEPONG BHD [] fell 10 sen to RM24.50 while HWANG-DBS (M) BHD [] was down seven sen to RM2.41.
Most active was Naim Indah Corp Bhd which added two sen to 50.5 sen with some 37 million shares done.
Among Asian equity benchmarks, Japan’s Nikkei 225 fell 0.52% to 9,716.39 points while South Korea’s Kospi declined 0.07% to 2,027.35.
The Hong Kong and Australian bourses are closed on Friday and next Monday for the Good Friday and Easter holiday season. Singapore and US markets are not traded on Friday.
Thursday, 5 April 2012
KLCI extends loss on external woes
KUALA LUMPUR (April 5): The FBM KLCI extended its loss on Thursday, in line with the weaker overnight close at the US markets as well as lacklustre opening at regional markets.
The 30-stock index fell 3.79 points to 1,595.48 at 9am.
Losers led gainers by 57 to 23, while 86 counters traded unchanged. Volume was 13.1 million shares valued at RM4.09 million.
US stocks fell for a second day on Wednesday as investors contemplated a world without monetary stimulus and a poorly received bond auction in Spain suggested the effects of Europe's funding operations were waning, according to Reuters.
Meanwhile, Global stocks dropped more than 1 percent and gold tumbled to its lowest in nearly three months on Wednesday a day after U.S. central bank meeting minutes dented hopes for more economic stimulus and as a Spanish debt auction drew weak results, it said.
BIMB Securities Research said European stocks fell for a second day yesterday after Spain sold fewer bonds than its maximum target and the Federal Reserve damped expectations of more monetary stimulus for the US. Spain sold €2.6bn (US$3.4bn) of bonds; near the minimum target of €2.5bn; and borrowing costs rose in its first auction since the country said public debt will surge to a record this year.
US stocks ended in negative territory for a second day fueled by disappointment over the Fed's latest minutes and ongoing worries over the euro zone, the research house said in a note April 5.
The Dow and the S&P logged their biggest decline since March 6, while the Nasdaq suffered its worst day of the year. The S&P 500 lost 1 percent to 1,398.96 while DJIA slid 124.8 points to 13,074.75, it said.
“Back home, the local market has retraced as expected where the FBMKLCI fell more than 7 points to 1,599.27; dragged down by financial and PROPERTIES [] sector.
“Net foreign is still positive at RM176.7m yesterday but we reckon market sentiment to be weaker due to profit taking activities coupled with weak share performance in US and Europe. Expect immediate support to be seen at 1,595 followed by 1,590,” it said.
Among the decliners in early trade, KLK fell 22 sen to RM24.38, Genting lost 10 sen to RM10.98, Maybank don nine sen to RM8.79, RHB Capital and Malayan Flour Mills fell four sen each to RM7.70 and RM2, CIMB, MAS, Mah Sing and TDM fell two sen each to RM7.70, RM1.34, RM2.02 and RM4.68 respectively.
Gainers,meanwhile, included Tradewinds, BHIC, Parkson, SEGi, Pos Malaysia, Leader, Proton and N2N.
The actives included JCY, Carotech, Kurasia, Metronic and Winsun.
The 30-stock index fell 3.79 points to 1,595.48 at 9am.
Losers led gainers by 57 to 23, while 86 counters traded unchanged. Volume was 13.1 million shares valued at RM4.09 million.
US stocks fell for a second day on Wednesday as investors contemplated a world without monetary stimulus and a poorly received bond auction in Spain suggested the effects of Europe's funding operations were waning, according to Reuters.
Meanwhile, Global stocks dropped more than 1 percent and gold tumbled to its lowest in nearly three months on Wednesday a day after U.S. central bank meeting minutes dented hopes for more economic stimulus and as a Spanish debt auction drew weak results, it said.
BIMB Securities Research said European stocks fell for a second day yesterday after Spain sold fewer bonds than its maximum target and the Federal Reserve damped expectations of more monetary stimulus for the US. Spain sold €2.6bn (US$3.4bn) of bonds; near the minimum target of €2.5bn; and borrowing costs rose in its first auction since the country said public debt will surge to a record this year.
US stocks ended in negative territory for a second day fueled by disappointment over the Fed's latest minutes and ongoing worries over the euro zone, the research house said in a note April 5.
The Dow and the S&P logged their biggest decline since March 6, while the Nasdaq suffered its worst day of the year. The S&P 500 lost 1 percent to 1,398.96 while DJIA slid 124.8 points to 13,074.75, it said.
“Back home, the local market has retraced as expected where the FBMKLCI fell more than 7 points to 1,599.27; dragged down by financial and PROPERTIES [] sector.
“Net foreign is still positive at RM176.7m yesterday but we reckon market sentiment to be weaker due to profit taking activities coupled with weak share performance in US and Europe. Expect immediate support to be seen at 1,595 followed by 1,590,” it said.
Among the decliners in early trade, KLK fell 22 sen to RM24.38, Genting lost 10 sen to RM10.98, Maybank don nine sen to RM8.79, RHB Capital and Malayan Flour Mills fell four sen each to RM7.70 and RM2, CIMB, MAS, Mah Sing and TDM fell two sen each to RM7.70, RM1.34, RM2.02 and RM4.68 respectively.
Gainers,meanwhile, included Tradewinds, BHIC, Parkson, SEGi, Pos Malaysia, Leader, Proton and N2N.
The actives included JCY, Carotech, Kurasia, Metronic and Winsun.
Friday, 30 March 2012
KLCI ends 1Q on a high
KUALA LUMPUR (March 30): The FBM KLCI ended the first quarter of 2012 on a high note, in line with the global markets that mostly picked up gains at the end of the quarter.
The 30-stock index rose 10.89 points to closet at 1,596.33 on Friday, lifted by blue chips including banking and Petronas-linked stocks.
The closing was just a tad below its all-time high of 1,597.08 that the index rose to on July 11 last year.
Year-to-date, the index racked up 65.6 points from its December 30 close of 1,530.73. Gainers edged losers by 402 to 360, while 334 counters traded unchanged. Volume was 1.25 billion shares valued at RM2.08 billion.
World stocks rose with Europe up more than half a percent on Friday, picking up gains at the end of the quarter and with investors eyeing a boost to the euro zone's bailout resources that ministers are expected to sign off on later in the day, according to Reuters.
Despite the strong quarter, sentiment across asset classes has turned bearish since mid-March due to fears of a slowdown in growth centred on China, and the conviction that a huge injection of central bank money may only be a panacea for Europe's debt troubles, it said.
At the regional markets, the Shanghai Composite Index rose 0.47% to 2,272.79, Taiwan’s Taiex added 0.77% to 7,933.00 and Singapore’s straits Times Index gained
Meanwhile, Japan’s Nikkei 225 closed 0.31% lower at 10,083.56, Hong Kong’s Hang Seng Index fell 0.26% to 20,555.58 while South Korea’s Kospi shed 0.02% to 2,014.04.
Affin Investment Bank Bhd vice president and head of retail research Dr Nazri Khan said that despite pockets of weakness from China market (Shanghai Composite at 10-week low) and soft economic data from the US and Europe, he expects the FBM KLCI to continue market uptrend supported by local liquidity and strong first quarter performance.
“The local market has ample liquidity at the sidelines, accommodative Bank Negara, low interest rates and government commitment for economic project. Plain and simple.
“We also believe the local market will take further cues from a strong USA market,” he said.
He added that there was a fairly reasonable speculative element in the small cap stocks to create some excitement near term (Carotec, Mtronics, Keywest, Focus, Tiger to name a few).
“Though we agree that the local market is overbought and investors may pause after recent sharp gains, we are yet to see any evidence of distribution to suggest serious market wind down in the near term,” he said.
On Bursa Malaysia, KLK was the top gainer and added 46 sen to RM24.60, F&N up 28 sen to RM18.88, Takaful 27 sen to RM3.39, United PLANTATION []s 18 sen to RM24.98, Kossan, Bursa and DiGi added 12 sen each to RM3.35, RM7.38 and RM4.06 respectively.
Among banking stocks, Hong Leong bank gained 24 sen to RM12.62, AMMB 10 sen to RM6.31, CIMB nine sen to RM7.69 and Maybank seven sen to RM8.87.
Among Pertronas-linked stocks, Petronas Dagangan rose 26 sen to RM18.94, Petronas Gas 10 sen to RM16.84 and Petronas Chemicals six sen to RM6.74.
Carotech was the most actively traded counter with 99.63 million shares done.
Other actives included CIMB, Focus, Ariantec, Metronic, YTL, Naim Indah Corp and Key West.
Decliners included Genting, Dutch Lady, sunchirin, Multico, Kulang, Shangri-La, Kulim, Fiamma, Advanced Packaging and TDM.
The 30-stock index rose 10.89 points to closet at 1,596.33 on Friday, lifted by blue chips including banking and Petronas-linked stocks.
The closing was just a tad below its all-time high of 1,597.08 that the index rose to on July 11 last year.
Year-to-date, the index racked up 65.6 points from its December 30 close of 1,530.73. Gainers edged losers by 402 to 360, while 334 counters traded unchanged. Volume was 1.25 billion shares valued at RM2.08 billion.
World stocks rose with Europe up more than half a percent on Friday, picking up gains at the end of the quarter and with investors eyeing a boost to the euro zone's bailout resources that ministers are expected to sign off on later in the day, according to Reuters.
Despite the strong quarter, sentiment across asset classes has turned bearish since mid-March due to fears of a slowdown in growth centred on China, and the conviction that a huge injection of central bank money may only be a panacea for Europe's debt troubles, it said.
At the regional markets, the Shanghai Composite Index rose 0.47% to 2,272.79, Taiwan’s Taiex added 0.77% to 7,933.00 and Singapore’s straits Times Index gained
Meanwhile, Japan’s Nikkei 225 closed 0.31% lower at 10,083.56, Hong Kong’s Hang Seng Index fell 0.26% to 20,555.58 while South Korea’s Kospi shed 0.02% to 2,014.04.
Affin Investment Bank Bhd vice president and head of retail research Dr Nazri Khan said that despite pockets of weakness from China market (Shanghai Composite at 10-week low) and soft economic data from the US and Europe, he expects the FBM KLCI to continue market uptrend supported by local liquidity and strong first quarter performance.
“The local market has ample liquidity at the sidelines, accommodative Bank Negara, low interest rates and government commitment for economic project. Plain and simple.
“We also believe the local market will take further cues from a strong USA market,” he said.
He added that there was a fairly reasonable speculative element in the small cap stocks to create some excitement near term (Carotec, Mtronics, Keywest, Focus, Tiger to name a few).
“Though we agree that the local market is overbought and investors may pause after recent sharp gains, we are yet to see any evidence of distribution to suggest serious market wind down in the near term,” he said.
On Bursa Malaysia, KLK was the top gainer and added 46 sen to RM24.60, F&N up 28 sen to RM18.88, Takaful 27 sen to RM3.39, United PLANTATION []s 18 sen to RM24.98, Kossan, Bursa and DiGi added 12 sen each to RM3.35, RM7.38 and RM4.06 respectively.
Among banking stocks, Hong Leong bank gained 24 sen to RM12.62, AMMB 10 sen to RM6.31, CIMB nine sen to RM7.69 and Maybank seven sen to RM8.87.
Among Pertronas-linked stocks, Petronas Dagangan rose 26 sen to RM18.94, Petronas Gas 10 sen to RM16.84 and Petronas Chemicals six sen to RM6.74.
Carotech was the most actively traded counter with 99.63 million shares done.
Other actives included CIMB, Focus, Ariantec, Metronic, YTL, Naim Indah Corp and Key West.
Decliners included Genting, Dutch Lady, sunchirin, Multico, Kulang, Shangri-La, Kulim, Fiamma, Advanced Packaging and TDM.
KLCI stays above 1,590-level at mid-day break
KUALA LUMPUR (March 30): the FBM KLCI stayed above the 1,590-point level at the mid-day break on Friday, lifted by blue chips including Maybank, CIMB, Petronas gas and KLK.
Meanwhile, Asian shares steadied on Friday as the region's benchmark indices marked their best first quarter in over 20 years and investors awaited a meeting on a possible euro zone firewall and Chinese data that may dictate market trends in coming months.
The FBM KLCI rose 6.44 points to 1,591.88 at the mid-day break.
Gainers trailed losers by 268 to 317, while 354 counters traded unchanged. Volume was 563.26 million shares valued at RM612.26 million.
The ringgit was unchanged at 3.0683 versus the US dollar; crude palm oil futures for the third month delivery fell RM26 per tonne to RM3,430, crudd oil added 62 cents per barrel top US$103.40 while godl shed 45 cents an ounce to US$1660.13.
On Bursa Malaysia, KLK added 42 sen to RM24.56, Takaful up 25 sen to RM3.37, Carlsberg 18 sen to RM10.38, Batu Kawan 14 sen to RM18.74, SEGi 11 sen to RM1.83, Petronas Gss 10 sen to RM16.84, Maybank nine sen to RM8.89, CIMB seven sen to RM7.67 and Ibraco eight sen to RM1.29.
Carotech was the most actively traded counter with 812.94 million shares done. The stiock fell 2.5 sen to 2.5 sen.
Other actives included Metronic, Focus, Key West, Tiger Synergy, SuperComnet, Ariantec, IFCA MSC and CIMB.
Decliners included Dutch Lady, genting, PPB, Shangri-La, TDM, Delloyd, Rapid, HELP, Kluang and Teo Seng.
Meanwhile, Asian shares steadied on Friday as the region's benchmark indices marked their best first quarter in over 20 years and investors awaited a meeting on a possible euro zone firewall and Chinese data that may dictate market trends in coming months.
The FBM KLCI rose 6.44 points to 1,591.88 at the mid-day break.
Gainers trailed losers by 268 to 317, while 354 counters traded unchanged. Volume was 563.26 million shares valued at RM612.26 million.
The ringgit was unchanged at 3.0683 versus the US dollar; crude palm oil futures for the third month delivery fell RM26 per tonne to RM3,430, crudd oil added 62 cents per barrel top US$103.40 while godl shed 45 cents an ounce to US$1660.13.
On Bursa Malaysia, KLK added 42 sen to RM24.56, Takaful up 25 sen to RM3.37, Carlsberg 18 sen to RM10.38, Batu Kawan 14 sen to RM18.74, SEGi 11 sen to RM1.83, Petronas Gss 10 sen to RM16.84, Maybank nine sen to RM8.89, CIMB seven sen to RM7.67 and Ibraco eight sen to RM1.29.
Carotech was the most actively traded counter with 812.94 million shares done. The stiock fell 2.5 sen to 2.5 sen.
Other actives included Metronic, Focus, Key West, Tiger Synergy, SuperComnet, Ariantec, IFCA MSC and CIMB.
Decliners included Dutch Lady, genting, PPB, Shangri-La, TDM, Delloyd, Rapid, HELP, Kluang and Teo Seng.
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