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Bursa Malaysia: Daily Market Commentary (Securities)

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Publish date: Fri, 04 Dec 2015, 06:28 PM
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The FBM KLCI index lost 6.05 points or 0.36% on Friday. The Finance Index fell 0.21% to 14090.33 points, the Properties Index dropped 0.05% to 1191.64 points and the Plantation Index down 0.56% to 7430.38 points. The market traded within a range of 5.97 points between an intra-day high of 1673.11 and a low of 1667.14 during the session.
Actively traded stocks include INSTACO, GENETEC, XOX, INSTACO-WB, BORNOIL-WC, HIBISCS, WINTONI, BORNOIL, EFFICEN and APFT. Trading volume decreased to 1572.50 mil shares worth RM1597.07 mil as compared to Thursday's 2041.00 mil shares worth RM1837.02 mil.
Leading Movers were RHBCAP (+8 sen to RM6.00), KLCC (+6 sen to RM7.04), TM (+3 sen to RM6.60), PETCHEM (+2 sen to RM6.75) and DIGI (+1 sen to RM5.07). Lagging Movers were SIME (-19 sen to RM7.72), YTL (-3 sen to RM1.51), HLBANK (-18 sen to RM12.80), BAT (-72 sen to RM57.88) and GENM (-5 sen to RM4.30). Market breadth was negative with 347 gainers as compared to 424 losers.
The KLCI ended the week on a negative note, closed lower at 1667.87 points amid overnight losses in Wall Street after Federal Reserve Chairman Janet Yellen signaled the economy is ready for higher borrowing cost.

Source: JF Apex Securities Bhd

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