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Mid-Afternoon Market Shares stay in negative territory

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Mid-Afternoon Market Shares stay in negative territory Empty Mid-Afternoon Market Shares stay in negative territory

Post by Cals Fri 13 Sep 2013, 16:24

Mid-Afternoon Market Shares stay in negative territory
Business & Markets 2013
Written by Bernama
Friday, 13 September 2013 15:59

KUALA LUMPUR (Sept 13): Shares on Bursa Malaysia remained in negative territory at mid-afternoon today, as investors continued to reduce their holdings ahead of the weekend, dealers said.

As at 3.01 pm, the FTSE Bursa Malaysia KLCI declined 6.06 points to 1,766.34, after opening at 1,768.39.

Most regional bourses continued to be on the downtrend, with Hong Kong's Hang Seng dwindling 78.48 points to 22,875.24, Singapore's Straits Times declining 8.44 points to 3,112.64, while Japan's Nikkei 225 rising 17.40 points to 14,404.67.

On the scoreboard, the Finance Index decreased 26.98 points to 16,560.44, the PLANTATION [] Index dropped 30.42 points to 8,279.97, and the INDUSTRIAL INDEX [] slipped 19.34 points to 2,992.7.

The FBM Emas Index was 46.641 points lower at 12,239.34, the FBM100 [] Index fell 44.729 point to 11,993.48, the FBM 70 lost 66.56 points to 13,849.25, and the FBM Ace eased 6.34 points to 5,111.15.

Decliners led advancers by 417 to 181, with 274 counters unchanged, 716 untraded and 21 suspended.

Trading was moderate at 793.946 million shares worth RM720.966 million.

Leading the actives, Salcon-warrant and Salcon eased half-a-sen each to 23.5 sen and 68.5 sen, respectively, while Integrated Rubber Corp added 2.5 sen to 41.5 sen.

Among heavyweights, Maybank and Axiata were both unchanged at RM10.12 and RM6.88, respectively, while CIMB and Sime Darby shed one sen each, to RM7.57 and
RM9.51, respectively.

Cals
Cals
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Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
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