Tuesday, January 18, 2011

SP Setia down as investors take profit

KUALA LUMPUR: Shares of SP SETIA BHD [] fell in early trade on Tuesday, Jan 18 as investors locked in gains following the rally in the share price, underpinned by the latest corporate development when it secured the prime land in Bangsar.

At 9.33am, it was down 21 sen to RM6.49 with 423,800 shares done. The warrants, SP Setia-WB fell nearly 9% or 20 sen to RM2.03 with 2.93 million units transacted.

The FBM KLCI was up 0.55 of a point to 1,575.04. Turnover was 263.21 million shares valued at RM187.27 million. There were 186 gainers, 160 losers and 233 stocks unchanged.


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