FBM KLCI up slightly, broader mar­ket down

The Sun (Malaysia) - - MEDIA & MARKETING -

BURSA Malaysia ended steady yes­ter­day with the FBM KLCI edg­ing up 2.04 points at 1,629.32.

The mar­ket barom­e­ter moved be­tween 1,627.57 and 1,632.71 points dur­ing the day, af­ter open­ing 0.87 point bet­ter at 1,628.15.

How­ever, over­all mar­ket breadth was neg­a­tive as losers out­paced gain­ers 410 to 344 with 366 coun­ters un­changed, 604 un­traded and 24 sus­pended.

In­ter-Pa­cific Se­cu­ri­ties Sdn Bhd re­search head Pong Teng Siew said for­eign buy­ing sup­ported the lo­cal stock mar­ket yes­ter­day, par­tic­u­larly the heavy­weight coun­ters.

“The big-cap stocks were hold­ing up quite well and this was ac­tu­ally enough to bring the barom­e­ter in­dex up. We could see trad­ing was sup­ported by an eas­ing in for­eign sell­ing, which had been ac­tive for the past few days. Small-cap stocks were traded mixed,” he said.

Among the heavy­weights, TNB went up 10 sen to RM14.20, Petronas Chem­i­cals rose 2 sen to RM6.89, May­bank slipped 9 sen to RM7.69 and Sime Darby dropped 10 sen to RM7.95 while Pub­lic Bank was flat at RM19.54.

Of the ac­tives, FGV lost 20 sen to RM1.69, Su­matec Re­sources and AirAsia X were flat at 6 sen and 40 sen re­spec­tively and Hibis­cus Petroleum was down half-a-sen to 28 sen. – Ber­nama

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