Some PT taken and tomorrow will skyrock again because now the Dow +90.
Buy On Dip Or Jump In The Boat ?
KL market easier on profit-taking
Malaysian shares ended easier yesterday as investors locked in profits in key heavyweights, particularly finance counters, after the recent sharp gains, dealers said.
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) closed 5.4 points lower at 1,435.67, dragged down by losses mostly in Genting, Sime Darby and Telekom.
The key index had opened 1.02 points lower at 1,440.05.
The recent sharp gains in the benchmark index was boosted by the rally in finance stocks, a dealer said.
The Finance Index increased 7.84 points to 12,957.67 and the Plantation Index gained 18.61 points to 6,661.11 but the Industrial Index fell 4.46 points to 2,766.34.
The key index had opened 1.02 points lower at 1,440.05.
The recent sharp gains in the benchmark index was boosted by the rally in finance stocks, a dealer said.
The Finance Index increased 7.84 points to 12,957.67 and the Plantation Index gained 18.61 points to 6,661.11 but the Industrial Index fell 4.46 points to 2,766.34.
Turnover declined to 922.10 million shares worth RM1.72 billion compared to Thursday's 1.08 billion shares valued at RM1.87 billion.
Advancers outnumbered decliners by 394 to 325, while 291 counters were unchanged, 352 untraded and 35 others suspended.
Among heavyweights, Maybank fell 5 sen to RM8.45, CIMB rose 9 sen to RM7.89, Sime Darby declined 14 sen to RM8.28, Maxis rose 1 sen to RM5.38 and Genting lost 26 sen to RM9.22.
Among the actives, KNM increased half sen to 41.5 sen, Malaysian Resources gained 11 sen to RM1.87, JCY International added 8 sen to RM1.13 and UEM Land rose 7 sen to RM1.91.
The Main Market volume declined to 780.99 million shares worth RM1.70 billion from the 931.99 million shares valued at RM1.85 billion on Thursday.
Warrants rose to 86.23 million units valued at RM11.11 million from the 78.41 million units worth RM11.43 million on Thursday.
Turnover on the ACE Market slipped to 48.62 million shares worth RM7.46 million from 54.84 million shares valued at RM8.50 million previously.
Consumer products accounted for 42.16 million shares traded on the Main Market, industrial products 124.23 million, construction 101.88 million, trade and services 216.42 million, technology 59.46 million, infrastructure 27.82 million, finance 59.53 million, hotels 847,500, properties 117.07 million, plantations 17.84 million, mining 70,000, REITs 13.60 million and closed/fund 67,500. - Bernama
Read more: http://www.btimes.com.my/Current_News/BTIMES/articles/bursalah04/Article/index_html#ixzz0yUmu9KNI
No comments:
Post a Comment