Friday, December 24, 2010

Shares close lower ahead of Christmas break

KUALA LUMPUR: Share prices on Bursa Malaysia ended trade easier on Friday, Dec 24 on further profit taking while some investors were already away for the Christmas break, dealers said.

However, the losses were limited as mild window dressing activities in some bluechips managed to keep FTSE Bursa Malaysia KLCI (FBM KLCI) above the 1,500 level, they said.

At 5pm, the FBM KLCI slipped 2.9 points to 1,511.58.

The benchmark index which opened 1.57 points higher at 1,516.05, moved between 1,510.7 and 1,516.44.

The Finance Index dropped 42.62 points to 13,797.39 while the PLANTATION [] Index rose 27.74 points to 7,948.21 and the INDUSTRIAL INDEX [] added 2.36 points to 2,818.39.

The FBM Emas Index slipped 20.36 points to 10,328.05, the FBM 70 Index was 21.641 points lower at 10,855.09 and the FBM Ace Index eased 9.09 points lower at 4,254.13.

Decliners led advancers by 396 to 296, while 327 counters were unchanged, 372 untraded and 33 others suspended.

Total volume dropped to 835.211 million shares worth RM904.809 million from Thursday's closing turnover of 1.251 billion shares valued at RM1.646 billion. ' Bernama


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