Friday, April 22, 2011

FBM KLCI extends losses at mid-morning

KUALA LUMPUR:'' The FBM KLCI extended its losses on Friday, April 22 in line with muted sentiment at key regional markets ahead of the long weekend at most global markets to observe the Good Friday and Easter holidays.

At 10.10am, the FBM KLCI was down 0.32 point to 1,526.01.

Losers edged gainers by 212 to 209, while 217 counters traded unchanged. Volume was 342.05 million shares valued at RM172.47 million.

At the regional markets, Japan's Nikkei 225 fell 0.48% to 9,639.16 and the Shanghai Composite Index lost 0.37% to 3,105.52.

Meanwhile, Taiwan's Taiex rose 0.24% to 8,978.85 and South Korea's Kospi was up 0.12% to 2,201.26.

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.

On Bursa Malaysia, Jerneh shares and warrants fell on reports that the company was eyeing Sabah-based property developer Sagajuta (Sabah) Sdn Bhd, whose flagship project is the massive 1Borneo mixed development in Kota Kinabalu.

Jerneh warrants fell 14 sen to RM1.59 while its shares lost 13 sen to RM3.20.

Allianz fell nine sen to RM5.23, Batu Kawan and Genting down eights en each to RM15.30 and RM11.50, MPI lost seven sen to RM5.38, Lysaght six sen to RM1.72, Maybulk five sen to RM2.60 and Ewein 4.5 sen to 80.5 sen.

CBIP was the top gainer and added 26 sen to RM4.31; Far East was up 25 sen to RM7.30, DiGi 19 sen to RM29, JT International 17 sen to RM7.17, KLK 16 sen to RM20.86, AIC 11 sen to RM1.20, MBSB 10 sen to RM2.51, Shell eight sen to RM11 and MMHE six sen to RM6.96.

Actives this morning included AsiaBio, MNC, Ramunia, Karambunai, Mobif, Viztel and Tricubes.

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