KLCI sees choppy trade


  • Business
  • Thursday, 20 Dec 2012

KUALA LUMPUR: The benchmark FBM KLCI saw choppy trade during the first session of trading on Thursday, whipsawing to a high of 1,666 before paring gains to close at 1,663.94 at the midday break, down 1.7 points.

The volume of shares transacted was 354.78 million worth RM383.22mil, with 217 counters up, 287 down and 274 unchanged.

Gainers were led by British American Tobacco up 72 sen to RM60.22, WCT's warrant-D 20.5 sen to 34.5 sen and Aeon Credit 16 sen to RM12.24, while the top losers were Bright Packaging Industry down 33 sen to 97 sen, Allianz 20 sen to RM6.90 and Genting Plantations 16 sen to RM8.89.

On the active list were Sanichi, Tiger Synergy, Petaling Tin, TH Heavy Engineering, Malaysia Airlines and XOX, which has been reported as a takeover target by influential bumiputera businessman Tan Sri Syed Mokhtar Albukhary in connection with his telco interests.

It rose three sen to 19 sen this morning on heavy trade of 16.5 million shares.

Among the key regional markets, only South Korea's Kospi and Singapore's Straits Times gained 0.32% to 1,999.41 and 0.16% to 3,163.72 respectively.

Japan's Nikkei 225 edged down 0.65% to 10,093.87, Hong Kong's Hang Seng Index 0.33% to 22,549.2, and Shanghai's Composite Index 0.52% to 2,151.03.

US light crude oil lost 0.38% to US$80.64 while spot gold advanced 0.02% to US$1,667.49.

The ringgit was RM3.06 to the US dollar.

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