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KL shares open lower on subdued demand Posted: 21 Oct 2013 06:57 PM PDT Share prices on Bursa Malaysia opened lower on subdued demand amid the bearish performance on Wall Street overnight, dealers said. Thirteen-minutes after the opening, the FBM KLCI stood 1.77 points lower at 1,800.84, after opening 1.76 points easier at 1,800.85. Gainers led losers 122 to 90, with 180 counters unchanged, 1,230 untraded and 14 others were suspended. Turnover stood at 119.38 million shares worth RM60.17 million.
On the local bourse, it said selective buying interest in Malaysian equities could be seen today with the benchmark FBM KLCI probably edging away gradually from the psychological mark of 1,800. In terms of corporate developments, the research house said stocks that could attract interest today include Coastal Contracts, after it secured a RM318 million contract to supply six offshore support vessels. On the scoreboard, the Finance Index fell 5.619 points to 16,870.32, the Plantation Index lost 22.01 points to 8,391.02 and the Industrial Index was 0.82 of a point lower at 3,093.72. The FBM Emas Index decreased 5.92 points to 12,550.77, the FBMT100 Index declined 8.48 points to 12,278.02 but the FBM Ace rose 3.88 points to 5,552.74 and the FBM 70 increased 4.87 points to 14,385.64. Among actives, Sumatec-OR lost eight sen to 11 sen, Talam was flat at seven sen while Kinstel rose half-a-sen to 27 sen. As for heavyweights, Maybank and Axiata lost one sen each to RM9.98 and RM6.90, respectively, while CIMB fell three sen to RM7.61.-- Bernama |
KLCI futures higher in early session Posted: 21 Oct 2013 06:59 PM PDT The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives was higher in early trade this morning. At 9.35am, spot month October 2013 gained 3.5 points to 1,809.5 while November 2013 and December 2013 rose three points each to 1,808 and 1,809, respectively. Turnover stood at 892 lots while open interest totalled 43,093 contracts. The underlying FBM KLCI was 2.76 points higher at 1,805.37 after 35 minutes of trading.-- Bernama |
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