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KL shares close mix with FBM KLCI at new high

July 5, 2012

Sentiment turned cautious ahead of the European Central Bank's meeting on the eurozone debt crisis.

KUALA LUMPUR: Share prices on Bursa Malaysia closed mixed as sentiment turned cautious ahead of the European Central Bank’s meeting later today where key decisions concerning the eurozone debt crisis will be made, dealers said.

The benchmark FBM KLCI, however, rose 0.68 of a point to 1,614.43, driven by late buying interest in selected stocks which pushed the market barometer to its new high.

The FBM KLCI, yesterday hit a record level of above 1,611.50. However, it slipped below the 1,611.50-level earlier today, succumbing to selling pressure in view of external weaknesses.

The Finance Index declined 22.92 points to 14,383.43.

The Plantation Index, however, gained 40.39 points to 8,696.79 and the Industrial Index increased 10.23 points to 2,861.44.

The FBM Emas rose 14.511 points to 11,040.86, the FBM Ace Index rose 19.95 points to 4,341.50 and the FBM 70 Index gained 47.90 points to 12,117.49.

Gainers led losers by by 376 to 370 while 344 counters were unchanged, 481 untraded and 18 others suspended.

Turnover was higher at 1.116 billion shares worth RM1.388 billion from RM1.082 billion shares worth RM1.696 billion yesterday.

Among actives, Felda Global Ventures call warrant rose two sen to 17 sen, Luster Industries slipped half a sen to 9.5 sen, GPRO Technologies gained two sen to 19 sen while Felda Global Ventures slipped two sen to RM5.48.

As for heavyweights, Maybank slipped five sen to RM8.67, Sime Darby was unchanged at RM9.93, CIMB fell four sen to RM7.66 and Petronas Chemicals declined two sen to RM6.60.

Volume on the Main Market decreased to 673.39 million shares worth RM1.31 billion from 784.51 million units worth RM1.65 billion yesterday.

Turnover on the ACE Market increased to 202.48 million shares worth RM34.27 million from 191.67 million shares worth RM29.57 million yesterday.

Transaction of warrants increased to 239.27 million units worth RM41.94 million from 103.63 million units worth RM17.20 million yesterday.

Consumer products accounted for 38.8 million shares traded on the Main Market, industrial products 198.1 million, construction 44.9 million, trade and services 178.6 million, technology 32.7 million, infrastructure 12.1 million, finance 64.1 million, hotels 609,500, properties 53.7 million, plantations 40.9 million, mining 12,000, REITs 8.4 million and closed/fund 95,300.



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