The FBM KLCI index lost 1.21 points or 0.07% on Monday. The Finance Index increased 0.10% to 17634.41 points, the Properties Index dropped 0.41% to 1021.38 points and the Plantation Index down 0.72% to 7644.71 points. The market traded within a range of 15.86 points between an intra-day high of 1761.61 and a low of 1745.75 during the session.
Actively traded stocks include MYEG, SAPNRG, EDUSPEC, OPCOM, HSI-C3B, HSI-C3E, EWEIN, RSENA-WA, NETX and BORNOIL. Trading volume decreased to 2765.58 mil shares worth RM2818.59 mil as compared to Friday’s 2880.93 mil shares worth RM2792.44 mil.
Leading Movers were AMMB (+16 sen to RM3.77), MISC (+18 sen to RM6.37), PETCHEM (+12 sen to RM8.25), GENM (+7 sen to RM5.08) and IHH (+8 sen to RM6.08). Lagging Movers were PMETAL (-11 sen to RM4.46), TM (-7 sen to RM3.62), SIMEPLT (-10 sen to RM5.25), KLCC (-10 sen to RM7.75) and TENAGA (-16 sen to RM14.34). Market breadth was positive with 477 gainers as compared to 444 losers.
The KLCI closed lower to 1755.17 points despite last Friday’s gains in US market. The performance of our local bourse was bogged down by selling interest in heavy weight counters led by Press Metal.