Monday, May 30, 2011

FBM KLCI closes in the red

KUALA LUMPUR: The FBM KLCI fell on Monday, May 30, weighed by losses at select blue chip counters including KLK, DiGi, Genting and Hong Leong Bank.

At 5pm, the index fell 5.85 points to 1,542.84.

Losers thumped gainers by 518 to 242, while 272 counters traded unchanged. Volume was 681.37 million shares valued at RM1.24 billion.

Among the losers, KLK fell 34 sen to RM21.76, DiGi and Perstima lost 30 sen each to RM28.23 and RM4.30, Genting 22 sen to RM11, Esso 21 sen to RM5.36, Hong Leong Bank 20 sen to RM12, BHIC and Latitude 13 sen each to RM4.05 and RM1.66, while Ekovest fell 12 sen to RM2.52.

SAAG was the most actively traded counter with 42.53 million shares done. The stock fell one sen to 7.5 sen.

Other actives included MAS, Jotech, KNM, Axiata, UEM Land, HWGB, Petronas Chemicals and Maybank

Among the gainers, Malaya Flour Mills, which proposed a share split and a special dividend of 62 sen per share, surged 91 sen to RM7.66.

Panasonic was up 40 sen to RM24.20, PPB 36 sen to RM17.96, Hap Seng 25 sen to 5.32, Rimbunan Sawit 19 sen to RM2.38, MMHE 17 sen to RM7.47, Jaya Tiasa 15 sen to RM6.70, Kulim 14 sen to RM3.44, while NSOP and Parkson added 10 sen each to RM5.45 and RM5.77.

At the regional markets, Hong Kong's Hang Seng Index rose 0.29% to 23,184.32 while Taiwan's Taiex and Singapore's Straits Times Index added 0.16% each to 8,823.68 and 3,140.60.

Japan's Nikkei 225 fell 0.18% to 9,504.97, the Shanghai Composite Index slipped 0.13% to 2,706.36 and South Korea's Kospi lost 0.31% to 2,093.79.

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