Friday, October 29, 2010

Market mixed, MMHE in focus

KUALA LUMPUR: The market was mixed in early trade on Friday, Oct 29 with the FBM KLCI still marginally above the key 1,500 level, but trading interest was on Marine and Heavy Engineering Holdings Bhd (MMHE).

The FBM KLCI was up 0.64 of a point to 1,500.08. Turnover was 279.31 million shares valued at RM55.72 million. There were 205 gainers, 208 losers and 230 stocks unchanged.

MMHE was the most active with 77.56 million shares done. It surged 71 sen to RM4.51. The institutional price was RM3.80, and the retail offer price at RM3.61.

Among the gainers were AIA-C1, up 25.5 sen to 40.5 sen. MTD added 23 sen to RM6.30, Nestl'' 20 sen to RM43.80 and YTL Land 14 sen to RM1.42.

SOP was the top loser, down 20 sen to RM3.23, PPB 16 sen to RM119.02. DiGi shed 10 sen to RM25.10 and Hap Seng eight sen to RM3.77 while Supermax eased six sen to RM4.57.

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