Friday, April 22, 2011

FBM KLCI ends week on weaker note

KUALA LUMPUR: The FBM KLCI ended the week on a lower note when it fell at the close on Friday, April 22, ahead of the long weekend at most regional, US and European markets for the Easter weekend.

The 30-stock index fell 3.58 points to 1,522.75, weighed by losses including at Genting, IOI Corp and Genting PLANTATION []s.

Losers edged gainers by 349 to 364, while 329 counters traded unchanged. Volume was 1.16 billion shares valued at RM1.17 billion.

Bintulu Port was the top loser and fell 17 sen to RM6.73; Jerneh warrants fell 17 sen to RM1.56 while its shares lost 16 sen to RM3.17.

F&N fell 12 sen to RM16.60, Sunway City lost 11 sen to RM4.52, Genting Plantations nine sen to RM7.90, Genting and S P Setia eight sen each to RM11.50 and RM4.23, while IOI Corp lost seven sen to RM5.33.

Among the gainers, CBIP jumped 40 sen to RM4.45, BAT 32 sen to RM47.80, Aeon added 31 sen to RM6.28, UMS 26 sen to RM1.78, Far East 25 sen to RM7.30, Petronas Dagangan 18 sen to RM16, Ta Ann, JT International and Tradewinds added 17 sen each to RM6.65, RM7.17 and RM8.11 respectively, while KLK was up 14 sen to RM20.84.

Ramunia warrants and shares were actively traded today. The warrants rose 10.5 sen to 54 sen with 86.7 million units done, while the shares gained 5.5 sen to 70.5 sen with 73.6 million shares traded.

Other actives included AsiaBio, MNC, Karambunai, Viztel, SAAG, Mobif, DBE Gurney and Asia EP.

At the regional markets, Japan's Nikkei 225 edged down 0.04% to 9,682.21, the Shanghai Composite Index fell 0.53% to 3,010.52m, South Korea's Kospi fell 0.03% to 2,197.82 while Taiwan's Taiex gained 0.13% to 8,969.43.

Elsewhere, the Hong Kong, Singapore and Australian markets were closed for Good Friday, as would be Wall Street and most of the European indices later today.

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