KL stocks end lower (26.12.2008)


BURSA Malaysia ended the day lower on lack of participants in the market as most investors were still away from the market, dealers said.

The Kuala Lumpur Composite Index closed 2.27 points lower at 867.35, after opening 0.59 point lower at 869.03.

However, a dealer said there was some mild interest in selected bluechips especially finance related counters and lower liners.

The Industrial Index declined 14.90 points to 2,033.37, the Finance Index rose 43.22 points to 6,756.82 and the Plantation Index fell 18.89 points to 4,079.29.

The FBMEmas eased by 1.02 points to 5,666.34, the FBM30 increased 4.28 points to 5,577.48, the FBMMesdaq rose by 49.36 points to 3,430.70 and the FBM2BRD gained 36.85 points to 3,992.86.

Losers outnumbered gainers by 209 to 208 while 186 counters were unchanged, 650 untraded and 28 others suspended.

Turnover declined to 181.09 million shares valued at RM156.35 million from Wednesday’s closing of 190.12 million shares worth RM187.915 million. The market was closed yesterday for the Christmas holiday.

Among the actives, KNM fell half sen to 40 sen, PETROCH-C8 declined half sen to 1.5 sen, Liqua Health Corp lost half sen to 1.5 sen, Gula Perak fell one sen to 4.5 sen and Damansara Realty was half sen lower at 17 sen.

As for the heavyweights, Sime Darby declined 10 sen to RM5.10, Tenaga increased five sen to RM6.05, Maybank gained 10 sen to RM5.15 and Telekom fell two sen to RM3.02. - Bernama

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