KL shares lower at mid-morning

Share prices on Bursa Malaysia extended the downtrend at midmorning today in tandem with the bearish sentiment on regional markets, dealers said.

The dealers also said that poor bond sales in Berlin had compounded fears of an escalating debt crisis in Europe which threatened the economy on the continent and globally.

Selling pressure in key heavyweights such as MISC, Petronas Gas and Telekom Malaysia drove the FTSE Bursa Malaysia KLCI (FBM KLCI) lower by 13.84 points to 1,434.15 as at 11.13 am. It had opened 0.88 of a point lower at 1,447.11.

The Finance Index slipped 113.84 points to 12,772.13, the Plantation Index fell 14.75 points to 7,614.59 and the Industrial Index lost 23.37 points to 2,610.75.

The FBM Emas Index dipped 76.58 points to 9,832.38, the FBM70 Index shed 41.609 points to 10,705.24, the FBM Top 100 Index plunged 81.021 points to 9,635.31 and the FBM ACE Index fell 48.09 points to 4,117.18.

Decliners led advancers by 314 to 207 while 229 counters were unchanged, 723 untraded and 16 others suspended. Turnover stood at 662.5 million shares worth RM311.2 million.

Among active counters, Malayan United Industries rose four sen to 26.5 sen, Compugates Holdings was unchanged at eight sen, Tiger Synergy eased half-a-sen to 13.5 sen and Pan Malaysia Capital rose one sen to 9.5 sen.

As for heavyweights, Maybank rose half-a-sen to RM7.92 while CIMB lost three sen to RM6.76, Telekom eased 11 sen to RM4.33, Petronas Gas fell 18 sen to RM13.08 and MISC lost 17 sen to RM5.96. -- Bernama



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KL shares open lower

Shares on Bursa Malaysia retreated from yesterday's gains in early trading Friday in tandem with bearish sentiments in regional markets as poor bond sales in Berlin compounded fears of escalating debt crisis in Europe which threatened the economy in the continent and globally, dealers said.

Selling pressure in key heavyweights such as MISC, Malaysia Airports Bhd and
Telekom Malaysia drove the FTSE Bursa Malaysia KLCI (FBM KLCI) lower by 9.44
points to 1,438.55 as at 9.15am after opening 0.88 of a point lower at 1,447.11.

The Finance Index slipped 103.08 points to 12,782.89, Plantation Index fell
12.71 points to 7,616.63 and the Industrial Index lost 13.90 points to 2,620.22.

The FBM Emas Index dipped 46.34 points to 9,862.62, FBM70 Index shed 5.239
points to 10,741.61, FBM Top 100 Index plunged 50.78 points to 9,665.55 and
the FBM ACE Index fell 32.40 points to 4,132.87.

Decliners led advancers by 130 to 93 while 121 counters were unchanged,
1,129 untraded and 16 others were suspended. Turnover stood at 171.8 million shares worth RM50.9 million.

Among active counters, Malayan United Industries rose six sen to 28.5 sen,
Compugates Holdings added half a sen to 8.5 sen, Tiger Synergy lost one sen to
13 sen and Pan Malaysia Capital rose two sen to 10.5 sen.

As for heavyweights, Maybank rose five sen to RM7.92, CIMB, however, lost
four sen to RM6.75, Telekom eased nine sen to RM4.35, Malaysia Airport slid 15
sen to RM6.05 and MISC lost 10 sen to RM6.03. -- Bernama



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KL shares bullish at midafternoon

Share prices on Bursa Malaysia were higher at midafternoon today, tracking the positive movements on the Asian bourses, dealers said.

As at 2.46pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) index advanced 11.10 points to 1,482.03. It opened 9.29 points better at 1,480.22.

The Finance Index rose 107.13 points to 13,398.46, Industrial Index was up by 1.37 points to 2,702.71 and the Plantation Index increased 23.40 points to 7,515.86.

The FBM Emas rose 76.73 points to 10,125.87 and the FBM 70 Index improved by 107.561 points to 10,993.87.

The FBMT100 increased by 79.341 points to 9,943.69 and the FBM Ace Index added 6.39 points to 4,069.36.

Gainers thumped losers by 450 to 271 while 311 counters were unchanged, 444 untraded and 25 others suspended.

Volume amounted to 1.283 billion shares worth RM1.217 billion.

Of the active counters, Hubline gained half sen to 10 sen, GPRO Technologies added 1.5 sen to 21 sen and Compugates added one sen to seven sen.

Pan Malaysia Capital, however, was flat at 8.5 sen.

Among heavyweights, Maybank added five sen to RM8.34, CIMB rose 13 sen to RM7.41, Petronas Chemicals earned eight sen to RM6.39 and Maxis jumped four sen to RM5.33.

Sime Darby, however, declined three sen to RM8.82. -- Bernama

KL shares steadier in opening trade

Share prices on Bursa Malaysia opened higher following a rally in the global equities market, prompted by progress in Europe's plan to contain the region's debt saga, dealers said.

They said the healthy US third quarter gross domestic product data to 2.5 per cent also leveraged on market sentiments.

At 9.11am, the key index rose 13.3 points to 1,484.23, after opening 9.29 points higher at 1,480.22.

"The plan to recapitalise European lenders and leverage on the region's rescue fund to give it firepower at US$1.4 trillion boosted market sentiments, but players remain cautious as the global economic outlook was still uncertain," a dealer said.

The Finance Index rose 161.29 points to 13,452.62 while the Plantation Index gained 68.97 points to 7,561.43.

The FBM Emas improved 100.04 points to 10,149.18, the FBMT100 added 97.75 points to 9,962.10 and the FBM70 was up by 142.48 points to 11,028.79 while the FBM Ace advanced 42.53 points to 4,105.50.

Gainers led losers by 403 to 25 while 98 counters were unchanged.

Volume stood at 248.459 million lots valued at RM157.841 million.

Among the active counters, Pan Malaysia Capital was flat at 8.5 sen, Hubline earned half-a-sen to 10 sen, Hirotako added six sen to 94 sen and Minetech Resources gained two sen to 18 sen.

Among the heavyweights, Maybank and CIMB gained nine sen each to RM8.38 and RM7.37, respectively, Sime Darby added three sen to RM8.88, while Petronas Chemicals increased eight sen to RM6.39.
-- Bernama