MARKET DEVELOPMENT
BURSA MALAYSIA: FBM KLCI Ends On Fresh All-time High Of 1,824.86
BURSA MALAYSIA: FBM KLCI Ends On Fresh All-time High Of 1,824.86
06/12/2013 (Bernama) - The FTSE Bursa Malaysia KLCI (FBM KLCI), which stayed above the 1,820-level Thursday, ended on a fresh all-time high, boosted by gains on plantation counters.
The benchmark index ended 2.96 points higher at 1,824.86, slightly above the previous all-time high of 1,824.29 registered on Tuesday.
It hovered between 1,820.63 and 1,826.42 throughout the day.
However, market breadth was negative as losers led gainers by 385 to 339, with 326 counters unchanged, 516 untraded and 29 others were suspended.
Volume transacted totalled 1.17 billion shares worth RM1.8 billion.
Kuala Lumpur-Kepong, United Plantations, Genting Plantations and IOI Corp were among the top gainers.
A dealer said investors anticipated the crude palm oil price would pick up, driven by lower production due to continuous rain as well as higher demand in view of Christmas and the year-end holidays.
On the scoreboard, the Industrial Index gave up 4.04 points to 3,103.34 and the Plantation Index surged 132.13 points to 8,970.05. The Finance Index fell 18.13 points to 16,755.35.
The FBM Emas Index rose 12.97 points to 12,620.91 and the FBMT100 Index increased 14.38 points to 12,358.33. The FBM 70 eased 6.91 points to 14,137.04 and the FBM Ace slipped 13.72 points to 5,547.74.
Among actives, Sumatec lost 1.5 sen to 28.5 sen, 1Utopia eased half sen to eight sen and Tiger Synergy was flat at 22 sen.
Of the heavyweights, Axiata was unchanged at RM6.72. Sime Darby and Petronas Chemicals added one sen each to RM9.51 and RM6.74 respectively.
Volume on the Main Market fell to 858.09 million units valued at RM1.73 billion from 904.12 million units valued at RM1.47 billion on Wednesday.
Turnover on the ACE market rose to 272.85 million shares worth RM68.21 million from 247.24 million shares worth RM64.39 million yesterday.
Warrants dwindled to 27.95 million units valued at RM2.8 million from 31.72 million units valued at RM2.93 million previously.
Consumer products accounted for 67.78 million shares on the Main Market, industrial products 89.51 million, construction 42.51 million, trade and services 375.18 million, technology 35.07 million, infrastructure 36.23 million, SPAC 14.61 million, finance 50.19 million, hotels 244,900, properties 113.42 million, plantations 26.68 million, mining 122,000, REITs 6.5 million and closed/fund 5,200.
The benchmark index ended 2.96 points higher at 1,824.86, slightly above the previous all-time high of 1,824.29 registered on Tuesday.
It hovered between 1,820.63 and 1,826.42 throughout the day.
However, market breadth was negative as losers led gainers by 385 to 339, with 326 counters unchanged, 516 untraded and 29 others were suspended.
Volume transacted totalled 1.17 billion shares worth RM1.8 billion.
Kuala Lumpur-Kepong, United Plantations, Genting Plantations and IOI Corp were among the top gainers.
A dealer said investors anticipated the crude palm oil price would pick up, driven by lower production due to continuous rain as well as higher demand in view of Christmas and the year-end holidays.
On the scoreboard, the Industrial Index gave up 4.04 points to 3,103.34 and the Plantation Index surged 132.13 points to 8,970.05. The Finance Index fell 18.13 points to 16,755.35.
The FBM Emas Index rose 12.97 points to 12,620.91 and the FBMT100 Index increased 14.38 points to 12,358.33. The FBM 70 eased 6.91 points to 14,137.04 and the FBM Ace slipped 13.72 points to 5,547.74.
Among actives, Sumatec lost 1.5 sen to 28.5 sen, 1Utopia eased half sen to eight sen and Tiger Synergy was flat at 22 sen.
Of the heavyweights, Axiata was unchanged at RM6.72. Sime Darby and Petronas Chemicals added one sen each to RM9.51 and RM6.74 respectively.
Volume on the Main Market fell to 858.09 million units valued at RM1.73 billion from 904.12 million units valued at RM1.47 billion on Wednesday.
Turnover on the ACE market rose to 272.85 million shares worth RM68.21 million from 247.24 million shares worth RM64.39 million yesterday.
Warrants dwindled to 27.95 million units valued at RM2.8 million from 31.72 million units valued at RM2.93 million previously.
Consumer products accounted for 67.78 million shares on the Main Market, industrial products 89.51 million, construction 42.51 million, trade and services 375.18 million, technology 35.07 million, infrastructure 36.23 million, SPAC 14.61 million, finance 50.19 million, hotels 244,900, properties 113.42 million, plantations 26.68 million, mining 122,000, REITs 6.5 million and closed/fund 5,200.