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Wednesday, December 30, 2009

BURSA MALAYSIA >>> Market Midday Overview 30 Dec 2009

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FBM KLCI Dips 0.39% Morning Session Close
The benchmark FTSE Bursa Malaysia (FBM) Kuala Lumpur Composite Index ended the morning session 4.94 (0.39%) points lower at 1,270.28, after opening 0.30 of a point easier at 1,274.92.
Of heavyweights, Sime Darby eased two sen to RM8.99, CIMB Group lost 10 sen to RM13.00 and Genting fell five sen to RM7.36.Maybank declined four sen to RM6.86, Maxis was unchanged at RM5.37 and Tenaga slipped two sen to RM8.29.
Share prices on Bursa Malaysia ended the morning session mixed, led by losses in selected heavyweights and lower liners, as investors took the cue from the overnight slide on Wall Street, dealers said.
A dealer said the market was quiet as investors had locked in profits ahead of the long weekend.
Gainers led losers 247 to 263 while 248 stocks traded unchanged and 1,306 others were untraded. Volume stood at 281.119 million shares valued at RM344.073 million.
The Finance Index fell 48.189 points to 11,019.73, the Plantation Index eased 14.22 points to 6,358.04 and the Industrial Index declined 8.69 points to 2,666.84. The FBM Emas Index slipped 23.94 points to 8,485.5, the FBM Top 100 Index was 28.23 points lower at 8,292.01, the FBM70 Index declined 12.24 points to 8,250.16 but the FBM Ace Index advanced 60.71 points to 4,264.79.
HAPPY TRADING

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