Monday, October 10, 2011

KLCI slips in thin trade, plantations weigh

KUALA LUMPUR: The FBM KLCI closed in negative territory on Monday, Oct 10, weighed by losses at index-linked PLANTATION [] stocks as stockpiles showed an increase in September from a month ago while exports showed a decline.

Regional markets were mixed, with China's market ending the day lower after it reopened following a week-long holiday, and with the Japan and Taiwan markets closed for holidays.

The FBM KLCI slipped 0.21% or 3.01 points to 1,397.04.

Losers edged gainers by 335 to 278, while 267 counters traded unchanged. Volume was 584.91 million shares valued at RM632.69 million.

At the regional markets, the Shanghai Composite Index shed 0.61% to 2,344.79, while Hong Kong's Hang Seng Index edged up 0.02% to 17,711.06, South Korea's Kospi gained 0.38% to 1,766.44 and Singapore's Straits Times Index rose 1.06% to 2,668.30.

On Bursa Malaysia, United Plantations fell 30 sen to RM16.88, KLK 28 sen to RM20.34, Chin Teck 20 sen to RM7.90, sime Darby 12 sen to RM8.40 and IOI Corp eight sen to RM4.74.

Other losers included Perstima that fell 37 sen to RM3.61, Lafarge Malayan Cement down 26 sen to RM6.62, while Maxtral, RHB Capital and Proton fell 11 sen each to 14 sen, RM6.35 and RM2.66 respectively.

Among the gainers, AIC and Dutch Lady added 30 sen each to RM1.45 and RM18.34, JT International and Tradewinds 26 sen each to RM6.06 and RM8.17, APM 23 sen to RM4.60, GAB and PPB 22 sen each to RM10.12 and RM16.16, Nestle and Hong Leong Bank 20 sen each to RM49.20 and RM10.24, while Bernas added 19 sen to RM3.12.

The actives included Tejari, Dutaland, GPRO, Karambunai, Asia EP and RedTone.


No comments:

Post a Comment