KL SHARES REMAIN MIXED AT MId-MORNING

KUALA LUMPUR, June 3 -- Share prices on the Bursa Malaysia
remained mixed at midmorning today on lack of follow-through buying, dealers
said.
At 11 am, the market barometer Kuala Lumpur Composite Index (KLCI) edged
down one point to 1,261.49 after opening lower by 0.42 of a point at 1,262.07.
The Industrial Index rose 14.52 points to 2,678.46, while the Finance Index
declined 25.73 points to 9,693.83 and the Plantation Index decreased 27.09
points to 7,845.90.
Of the FTSE-BM Index series, the FBMEmas fell 10.39 points to 8,423.54,
and the FBM30 eased 3.60 points to 8,133.57.
The FBM2BRD declined 30.75 points to 5,740.90 and the FBM-MDQ was
25.07 points lower at 4,769.08.
Losers outpaced gainers by 260 to 129 while 188 counters were unchanged, 83
still untraded and 24 suspended.
Trading volume stood at 151.417 million shares valued at RM278.381 million
changed hands.
Dealers said the market sentiment remained fragile as investors were still
cautious on the uncertainties in the U.S market and rising inflation in the
country.
Among the actives, Intelligent Edge lost half sen to 12 sen while Gamuda
rose 11 sen to RM2.61, Time Engineering increased 2.5 sen to 21.5 sen and OSK
Property added six sen to 89 sen.
Of the heavyweights, Sime Darby rose five sen to RM9.35 while IOI Corp
declined five sen to RM7.20.
Public Bank and Maybank were both unchanged at RM11.40 and RM7.40
respectively.



03/06/2008 11:57 AM

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