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KL bourse mixed on lack of support

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ameer:
SHARE prices on Bursa Malaysia closed mixed yesterday on lack of buying support as the market was slowly digesting the implications of the 2014 Budget amid losses in finance counters, dealers said.


The FTSE Bursa Malaysia KLCI (FBM KLCI) closed 2.74 points lower at 1,815.65, after moving between 1,813.87 and 1,821.79. Total volume rose to 1.809 billion shares valued at RM1.892 billion from 1.757 billion shares valued at RM1.363 billion on Monday.

Gainers outpaced losers 418 to 379, with 303 counters unchanged, 528 untraded and 59 others suspended.

The Finance Index dropped 98.34 points to 16,744.78, the Industrial Index fell 0.26 point to 3,141.81 and the FBM Emas Index declined 15.81 points to 12,614.73.

The Plantation Index added 48.22 points to 8,549.33 and the FBM ACE Index gained 108.78 points to 5,729.33.

Among the actives, Hubline was flat at 6.5 sen while Instacom-WB added one sen to 16 sen and Censof rose three sen to 60.5 sen. For the heavyweights, Maybank dipped 15 sen to RM9.81, Axiata lost two sen to RM6.89 and CIMB shed four sen to RM7.60.


Read more: KL bourse mixed on lack of support http://www.btimes.com.my/articles/29sha/Article/#ixzz2jChTiVX9

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