Monday 6 April 2015

KLSE Daily Market Commentary


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The FBM KLCI index gained 8.42 points or 0.46% on Monday. The Finance Index increased 0.43% to 16398.09 points, the Properties Index dropped 0.46% to 1310.67 points and the Plantation Index down 0.17% to 7799.17 points. The market traded within a range of 7.32 points between an intra-day high of 1844.83 and a low of 1837.51 during the session.

Actively traded stocks include TIGER, INGENCO, XINGHE-WA, NOVAMSC, SUMATEC, APFT, WINTONI, SYSTECH, BIOOSMO and IRIS. Trading volume increased to 1993.53 mil shares worth RM1686.37 mil as compared to Friday’s 1789.09 mil shares worth RM1282.08 mil.

Leading Movers were RHBCAP (+18 sen to RM8.18), GENM (+9 sen to RM4.24), TM (+16 sen to RM7.67), PETDAG (+36 sen to RM20.50) and BAT (+108 sen to RM69.30). Lagging Movers were HLFG (-10 sen to RM16.90), PETGAS (-6 sen to RM22.96), IOICORP (-1 sen to RM4.60), PETCHEM (-1 sen to RM5.55) and AMMB (-1 sen to RM6.40). Market breadth was positive with 393 gainers as compared to 379 losers.

The KLCI ended higher at 1842.94 points. Market breadth was rather neutral today amid the gains in the benchmark index as some regional markets were closed for holidays and hence offered little cue for trading.

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