KL shares traded lower in early trading
Publish date: Wed, 13 Nov 2013, 10:12 AM
Share prices on Bursa Malaysia opened lower in early trading Wednesday in line with regional equities after Wall Street ended in the red last night, dealers said.
At 9.06am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was quoted 4.24 points lower at 1,790.56, after opening at 1,796.19.
Turnover stood at 104.574 million shares worth RM54.537 million.
Gainers edged losers by 115 to 69, with 1,425 counters unchanged, 1,072 untraded and 16 others suspended.
HwangDBS Vickers Research said after falling 9.4 points or 0.5 per cent to 1,794.80 yesterday, the key FBM KLCI could strive to recover part of its losses today.
On the chart, the benchmark index may rebound towards the
support-turned-resistance psychological mark of 1,800 ahead.
Meanwhile, Wall Street was little changed last night.
Major US bellwethers finished between flat and -0.2 per cent amid profit-taking pressures as talk emerged that the US Federal Reserve might taper its monetary stimulus programme sooner than expected.
Among the stocks that will likely attract added interest on Bursa Malaysia today are TH Heavy Engineering, which has been awarded an oil and gas fabrication contract off the east coast of Peninsular Malaysia, and Land and General after entering into a proposed joint venture to acquire and develop a parcel of commercial leasehold land at Jalan Ampang in Kuala Lumpur, with an estimated gross development value of RM789 million.
On the scoreboard, the Finance Index fell 41.55 points to 16,621.961, but the Plantation Index gained 10.65 points to 8,607.43, while the Industrial Index eased 12.08 points to 3,069.52.
The FBM Emas Index shed 18.81 points to 12,483.82, the FBMT100 Index declined 20.83 points to 12,206.23, but the FBM Ace was 26.16 points higher at 5,912.53 and the FBM 70 rose 8.71 points to 14,294.
Among actives, newly listed Caring Pharmacy, whose shares were listed on the Main Market this morning, gained 65 sen to RM1.90 after opening at RM1.75, with 234,655 shares transacted.
Asia Bioenergy Tech added one sen to 13.5 sen, Next Holdings firmed half-a-sen to 7.5 sen and Sumatec Resources garnered three sen to 54.5 sen.
As for the heavyweights, Maybank dwindled six sen to RM9.79, CIMB declined three sen to RM7.50 and Axiata lost one sen to RM6.84.-- Bernama
At 9.06am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was quoted 4.24 points lower at 1,790.56, after opening at 1,796.19.
Turnover stood at 104.574 million shares worth RM54.537 million.
Gainers edged losers by 115 to 69, with 1,425 counters unchanged, 1,072 untraded and 16 others suspended.
HwangDBS Vickers Research said after falling 9.4 points or 0.5 per cent to 1,794.80 yesterday, the key FBM KLCI could strive to recover part of its losses today.
On the chart, the benchmark index may rebound towards the
support-turned-resistance psychological mark of 1,800 ahead.
Meanwhile, Wall Street was little changed last night.
Major US bellwethers finished between flat and -0.2 per cent amid profit-taking pressures as talk emerged that the US Federal Reserve might taper its monetary stimulus programme sooner than expected.
Among the stocks that will likely attract added interest on Bursa Malaysia today are TH Heavy Engineering, which has been awarded an oil and gas fabrication contract off the east coast of Peninsular Malaysia, and Land and General after entering into a proposed joint venture to acquire and develop a parcel of commercial leasehold land at Jalan Ampang in Kuala Lumpur, with an estimated gross development value of RM789 million.
On the scoreboard, the Finance Index fell 41.55 points to 16,621.961, but the Plantation Index gained 10.65 points to 8,607.43, while the Industrial Index eased 12.08 points to 3,069.52.
The FBM Emas Index shed 18.81 points to 12,483.82, the FBMT100 Index declined 20.83 points to 12,206.23, but the FBM Ace was 26.16 points higher at 5,912.53 and the FBM 70 rose 8.71 points to 14,294.
Among actives, newly listed Caring Pharmacy, whose shares were listed on the Main Market this morning, gained 65 sen to RM1.90 after opening at RM1.75, with 234,655 shares transacted.
Asia Bioenergy Tech added one sen to 13.5 sen, Next Holdings firmed half-a-sen to 7.5 sen and Sumatec Resources garnered three sen to 54.5 sen.
As for the heavyweights, Maybank dwindled six sen to RM9.79, CIMB declined three sen to RM7.50 and Axiata lost one sen to RM6.84.-- Bernama
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Just yesterday everyone were damn confident of Mr Market! Like the weather, he suddenly turn dark clouds! Everyone simply say tomorrow will be sunny days! Then tomorrow come, it rains wnd rains! Everyone say tomorrow will be sunny day! Tomorrow come and taufan unleash! Finally everyone say, its going to be the end of the world! Just as everyone gave up, the sunny days come again! Just like the weather, dont fight Mr Market! Let nature take it course!
2013-11-13 10:53