Friday, October 22, 2010

FBM KLCI slips into red at close

KUALA LUMPUR: The FBM KLCI slipped into the red at the close of trade on Friday, Oct 22, dragged by losses ' including at KL Kepong and BAT ' as well as mild profit taking activity ahead of the weekend.

At 5pm, the index shed 0.38 point to 1,490.64. Gainers edged losers by 388 to 370, while 297 counters traded unchanged. Volume was 1.23 billion valued at RM1.59 billion.

The top loser on Friday was KLK that fell 56 sen to RM18.50. BAT lost 52 sen to RM46.80, Batu Kawan fell 20 sen to RM15.30, Dutch Lady down 16 sen to RM18.14, F&N fell 14 sen to RM14.20, Ibraco down 13 sen to 96 sen, UAC lost 12 sen to RM3.46, Nestle fell 10 sen to RM44.20 while PLUS was down five sen to RM4.35.

MTD was the top gainer on Friday, and was 56 sen higher at RM6.35 when trading was halted from 10.53am till 5pm pending an announcement, following a ruling by the Philippines Supreme Court that upheld the South Luzon Expressway toll hike.

Southern Acids added 35 sen to RM2.70, Tan Chong rose 28 sen to RM5.68, Boustead was up 24 sen to RM5.66, Bintulu Port rose 23 sen to RM6.99, DiGi was up 20 sen to RM24.80, Lafarge Malayan Cement gained 19 sen to RM8.10, United PLANTATION []s up 18 sen to RM16.40 and Panasonic added 14 sen to RM18.50.

Karambunai was the most actively traded counter with 131.9 million shares done. The stock added 1.5 sen to 24 sen. Other actives included Ariantec Global, Talam, PLUS, Timecom and Axiata.


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