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KL shares mixed in early trade

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KL shares mixed in early trade Empty KL shares mixed in early trade

Post by hlk Thu 29 Mar 2012, 13:32

Share prices on Bursa Malaysia were mixed in early trade today, against the backdrop of cautious trading following losses on global markets, dealers said.

Investors are also looking at the weak economic data from the US as a sign of further risk in the recovery of the global economy, a dealer said.

As at 9.08 am, the benchmark FBM KLCI declined 0.88 of a point to 1,582.87 after opening 0.42 of a point higher at 1,584.17.

The Finance Index slipped 10.25 points to 14,190.04, the Industrial Index however, rose 10.80 points to 2,876.21, while the Plantation Index decreased 10.56 points to 8,668.98.

The FBM Emas Index slipped 1.97 points to 10,873.75, the FBM70 Index was 13.44 points higher at 12,030.36, and the FBM ACE Index increased 19.44 points to 4,635.82.

Advancers beat decliners 79 to 74 while 120 counters were unchanged, 1,238 untraded and 35 others suspended.

Turnover stood at 90.3 million shares worth RM34.9 million.

Among the actives, Hubline Warrant slipped half-a-sen to four sen, Ingenuity Solutions-WA 2011/16 gained half-a-sen to 4.5 sen, Berjaya Corp Loan Rights was unchanged at half-a-sen and Keywest Global Telecomm slipped 2.5 sen to 23 sen.

Among the heavyweights, Maybank slipped two sen to RM8.81, Sime Darby reduced one sen to RM9.74, while CIMB rose one sen to RM7.51 and Petronas Chemicals declined one sen to RM6.67. -- Bernama
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