Tuesday, November 8, 2011

KLCI tapers down as regional markets slip

KUALA LUMPUR (Nov 8): The FBM KLCI gave up most of its gains on Tuesday, Nov 8 as most key regional markets turned red on some mild profit taking, with persistent concern over Europe's debt crisis keeping investors cautious.

The FBM KLCI tapered down in the afternoon session and closed 0.20% or only 2.95 points higher at 1,480.46.

The index had earlier climbed to its intra-day high of 1,489.91.

Gainers led losers by 408 to 329, while 279 counters traded unchanged. Volume was 1.81 billion shares valued at RM1.54 billion.

At the regional markets, Japan's Nikkei 225 fell 1.27% to 8,655.51, South Korea's Kospi lost 0.83% to 1,903.14, Taiwan's Taiex slipped 0.27% to 7,600.79 and the Shanghai Composite Index shed 0.24% to 2,503.84.

Meanwhile, Singapore's Straits Times Index rose 0.64% to 2,866.52 and Hong Kong's Hang Seng Index ended flat at 19,678.47.

On Bursa Malaysia, DiGi was the top gainer and rose 70 sen to RM34; F&N added 38 sen to RM17.52, Harvest Court 30.5 sen to RM1.18,Malaysia Smelting Corp 23 sen to RM4.20, Dutch Lady 22 sen to RM20.50, United PLANTATION []s, KLK and DKSH added 20 sen each to RM17.58, RM21.20 and RM2.10 respectively, while Favelle Favco added 19 sen to RM1.28.

Among the decliners, Nestle lost 50 sen to RM49.50, Cocoaland fell 20 sen to RM2, Parkson 14 sen to RM5.50, Shell 10 sen to RM9.50, Aeon and Lysaght lost nine sen each to RM7 and RM1.69, while Tahps, Ann Joo, KPJ and Panasonic fell eight sen each to RM4.15, RM2.02, RM4.03 and RM19.12 respectively.

The actives included Karambunai, Sanichi, Hibiscus, JCY, Palette, Focus and Compugates.


No comments:

Post a Comment