December 30, 2009

KL shares stay mixed at mid-afternoon

SHARES prices on Bursa Malaysia were mixed at mid-afternoon today and trading was quiet as most investors stayed away from the market ahead of the long weekend, dealers said.

At 3.00pm, the benchmark FTSE Bursa Malaysia (FBM) Kuala Lumpur Composite Index declined 4.54 points to 1,270.68, after opening 0.30 point easier at 1,274.92.

The Finance Index fell 48.59 points to 11,019.33, Plantation Index eased 13.41 points to 6,358.85 and Industrial Index declined 7.34 points to 2,668.19.

The FBM Emas Index slipped 22.62 points to 8,486.82, FBM Top 100 Index was 27.46 points lower at 8,292.78 and FBM70 Index declined 18.70 points to 8,243.70.



The FBM Ace Index, however, advanced 61.46 points to 4,265.54.

Gainers led losers 282 to 273 while 250 stocks were unchanged and 1,306 others untraded.

Volume stood at 332.319 million shares valued at RM410.554 million.

Among the active stocks, Green Packet-Warrant rose 5.5 points to 72.5 sen, SAAG Consolidated fell half sen to 17 sen and Linear increased 41 sen to 59.5 sen.

Of the heavyweights, Sime Darby eased one sen to RM9.00, Maybank declined four sen to RM6.86, Tenaga lost two sen to RM8.29 and Maxis rose one sen to RM5.38. - BERNAMA