Malaysia Stock Market
- The FBM KLCI index gained 0.55 points or 0.03% on Thursday. The Finance Index fell 0.06% to 14533.5 points, the Properties Index dropped 0.21% to 1194.38 points and the Plantation Index rose 0.86% to 7804.45 points. The market traded within a range of 4.43 points between an intra- day high of 1694.87 and a low of 1690.44 during the session.
- Actively traded stocks include AAX, AAX-CU, VIVOCOM, BORNOIL, THHEAVY, IRIS, M3TECH, AAX-CV, BORNOIL-WC and AAX-WA. Trading volume decreased to 2849.23 mil shares worth RM1986.70 mil as compared to Wednesday’s 3116.42 mil shares worth RM2093.14 mil.
- Leading Movers were SKPETRO (+2 sen to RM1.58), WPRTS (+5 sen to RM4.35), ASTRO (+3 sen toRM2.92), DIGI (+4 sen to RM5.03) and KLK (+14 sen to RM23.36). Lagging Movers were MISC (-4 sen to RM7.53), AXIATA (-3 sen to RM5.87), CIMB (-2 sen to RM4.73), GENTING (-3 sen to RM8.22) and PETGAS (-6 sen to RM22.14). Market breadth was negative with 384 gainers as compared to 439 losers.
- The KLCI was little changed and closed 0.55 points higher amid overnight gains in US market. The performance of our local bourse was subdued as lack of fresh lead.
- BUY LIONIND ABOVE 0.355 TGT 0.375 0.390 SL 0.340
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