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Latest News
BURSA MALAYSIA: Share Prices Lower At Midday
 
News From : DagangHalal.com (5/14/2010)

KUALA LUMPUR, May 14 -- Share prices on Bursa Malaysia ended the Friday's morning session lower as investors reduced their holdings ahead of the weekend, coupled with further selling in Sime Darby Bhd, dealers said.


At 12.30pm, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) slipped 8.69 points to 1,338.23. It had moved between 1,337.36 and 1,341.23 during the morning session.


Sime Darby, which resumed its trading this morning, fell 38 sen or 4.393 per cent to RM8.27 following news that it will incur negative impact from energy and utilities projects in the current financial year.


The Finance Index surged 20.069 points to 12,101.28, the Industrial Index slipped 40.49 points to 2,703.33 and the Plantation Index shed 9.65 points to 6,408.08.


The FBM Emas Index dwindled 49.36 points to 9,005.34, the FBM70 fell 23.13 points to 8,847.24, while the FBM ACE edged up 12.46 points to 3,976.5.


Losers beat gainers by 335 to 172 while 246 counters were unchanged, 624 untraded and 32 others were suspended.


Turnover stood at 378.87 million shares worth RM600.024 million.


Among actives, Olympia Industries added half sen to 27.5 sen, while Advance Information lost 1.5 sen to 14.5 sen.


Heavyweights, Maybank earned one sen to RM7.73, CIMB Group Holdings shed eight sen to RM14.40 and Maxis lost one sen to RM5.32.


-- BERNAMA

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