Bursa Malaysia Rallys off downs

Bursa Malaysia connected in the afternoon session to close, 1486.78 items down 0,13% after a fall as much as 0.8% in the past.

Benchmark FBM KLCI opened deep in red on the back of the negative cues from the US market but managed to trim some loss in the afternoon session on bargain hunting in selected heavyweights.

Actively traded stocks includes KBUNAI, ASB, ASB-LA, TIMECOM, PMCAP, KELADI, SINOTOP, HUBLINE, AGLOBAL and SCOMI.

Trade volume fell to 1488.83 mil shares worth RM1802.94 miles compared with Tuesday's 1499.66 mil shares worth RM1819.54 miles.

Losers were AXIATA (-6 sen to RM4.41), GENM (-5 sen to RM3.51), CIMB (-2 sen to RM7.89), SIME (-2 sen to RM8.85) and the BAT (40o c sen to RM48.00).

The winners were GENTING (+ 14 sen to RM10.52), DIGI (+ 14 sen to RM24.60), YTL (+ 6 sen to RM7.85), PLUS (+ 2 sen to RM4.40), and PPB (+ 6 sen to RM18.40).

Finance index lost 0,26% to 13390.35 points, properties, index climbed 0.33% to 965.19 points and Plantation indexes facilitated 0,26% to 7393.83 points. Market traded within a row 13.47 points between a trade-day high of 1490.03 and a low of 1476.56 during the session.

Posted by Shayne Heffernan on Oct 20th, 2010 and filed under ASEAN News, Analysis, Asia, Emerging Markets, securities trading, Malaysia, Shayne Heffernan, stocks world news. you can follow any responses to this entry through the RSS 2.0 you can leave a response by filling out the following form to comment or trackback to this post from your site

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