Monday, December 27, 2010

FBM KLCI stays in the red at mid-day

KUALA LUMPUR: The FBM KLCI remained in negative territory at the mid-day break on Monday, Dec 27, weighed by losses at select blue chips including Genting, Petronas Chemicals, Public Bank and DiGi.

The 30-stock index slipped 0.01% or 0.21 point to 1,511.37 at 12.30pm. Gainers beat losers by 346 to 237, while 248 counters traded unchanged. Volume was 392.32 million shares valued at RM357.18 million.

The ringgit strengthened 0.1% to 3.0923 versus the US dollar; crude palm oil for the third month delivery jumped RM65 per tonne to RM3,723, crude oil slipped 17 cents per barrel to US$91.34 while gold rose US$2.52 per troy ounce to US$1,383.99.

At the regional markets, Japan's Nikkei 225 rose 0.82% to 10,363.97, the Shanghai Composite Index gained 0.70% to 2,854.91, Singapore's Straits Times Index added 0.89% to 3,171.70, Taiwan's Taiex rose 0.42% to 8,898.65 while South Korea's Kospi rose 0.21% to 2,033.93.

On Bursa Malaysia, BAT was the top loser this morning and fell RM1.06 to RM44.74; DFZ Capital lost 16 sen to RM3.53, PPB fell 12 sen to RM16.70, Tradewinds and Adventa fell nine sen each to RM6.77 and RM2.39, The Store, MPI and NSOP lost eight sen each to RM2.42, RM5.70 and RM5.24 respectively, Genting down two sen to RM10.80, DiGi fell sisx sen to RM25, Public Bank down four sen to RM12.80 while Petronas Chemicals fell three sen to RM5.52.

Gainers included KLK, TDM, Tradewinds PLANTATION []s, Kulim, Petronas Dagangan, EPIC and Berjaya Sports Toto.

Berjaya Corp was the most actively traded stock this morning with 20.87 million shares done. The stock added six sen to RM1.11.

Other actives included Tejari, Takaso and BJ Toto.


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