NST Online Business Times : latest

Posted: 25 Dec 2012 06:58 PM PST

Share prices on Bursa Malaysia opened slightly easier, in early trading, on mild profit taking activities in selected heavyweights and index-linked counters, dealers said.

After 40 minutes of trading, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.26 points to 1,667.14 compared with Monday's close of 1,669.4.

The local bourse was closed yesterday for the Christmas break.

HwangDBS Vickers Research said trading would be quiet today following the absence of visible market leads.

"With some investors still away on holiday, the benchmark index may back off from its immediate resistance barrier of 1,670 amid thin buying interest," it said in a note.

Meanwhile, major equity indices on Wall Street lost ground, slipping between 0.2 per cent and 0.4 per cent, during the half-day trading day on Christmas Eve due to slow progress in budget negotiations.

The research house said that essentially, US lawmakers were facing a year-end deadline to avert the effects of fiscal cliff.

Back on the local front, the Finance Index declined 36.91 points to 15,216.05, the Industrial Index edged down 0.02 of a point to 2,743.72 and the Plantation Index slipped 9.09 points to 8,010.57.

The FBM Emas Index was 9.75 points lower at 11,286.31, the FBMT100 dropped 10.67 points to 11,148.18 while the FBM Mid 70 Index rose 8.85 points to 12,128.33 and the FBM Ace Index was up 11.11 points at 4,196.93.

Advancers led decliners 119 to 102, with 154 counters unchanged, 1,274 untraded and 26 others were suspended.

Volume stood at 94.232 million shares worth RM47.369 million.

Among actives, Asia Media Group shed 2.5 sen to 21 sen but Permaju Industries added 4.5 sen to 41.5 sen while Sino Hua-An rose two sen to 15.5 sen.

Heavyweights, Maybank eased one sen to RM9.06, CIMB lost seven sen to RM7.57 while Sime Darby and Axiata were both unchanged at RM9.39 and RM6.62, respectively. Bernama

Ringgit opens lower against US dollar

Posted: 25 Dec 2012 06:59 PM PST

The ringgit was lower against the greenback, in early trade, on lack of commercial demand for the local unit, dealers said.

At 9 am, the ringgit was traded at 3.0675/0705 against the greenback from 3.0630/0660 on Monday.

The local market was closed yesterday for the Christmas holiday.

However, the ringgit was mostly higher against other major currencies.

It rose against the Singapore dollar to 2.5074/5117 from 2.5100/5127 and was marginally higher against the yen at 3.5999/6043 from 3.6279/6323 on Monday.

The domestic note appreciated against the British pound to 4.9473/9536 from 4.9590/9651 and was up against the euro at 4.0436/0481 from 4.0484/0533, on Monday. Bernama

Kredit: www.nst.com.my

Selasa, 25 Disember 2012

NST Online Business Times : latest

NST Online Business Times : latest

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