FINANCIAL KLSE MALAYSIA STOCK MARKET TRADING PICKS

MARKET UPDATES :

• The FBM KLCI index lost 3.51 points or 0.20% on Friday. The Finance Index fell 0.03% to 14908.65 points, the Properties Index dropped 0.01% to 1187.03 points and the Plantation Index down 0.14% to 7750.86 points. The market traded within a range of 4.90 points between an intra-day high of 1720.08 and a low of 1715.18 during the session.

• Actively traded stocks include SONA-WA, AAX-WA, AAX, SUMATEC, VIVOCOM, IWCITY, MTOUCHE, SGB-PA, AWC and EKA. Trading volume decreased to 1639.08 mil shares worth RM1650.59 mil as compared to Thursday’s 1991.61 mil shares worth RM1953.98 mil.

• Leading Movers were BAT (+52 sen to RM54.50), IHH (+4 sen to RM6.72), MAYBANK (+4 sen to RM9.05), HLBANK (+6 sen to RM13.68) and PBBANK (+4 sen to RM19.14). Lagging Movers were HLFG (-32 sen to RM15.18), GENTING (-17 sen to RM9.43), RHBCAP (-8 sen to RM6.20), YTL (-2 sen to RM1.61) and GENM (-4 sen to RM4.52). Market breadth was negative with 378 gainers as compared to 396 losers.

• The KLCI erased yesterday’s gains and closed lower at 1717.96 points amid overnight losses in US market. The performance of our benchmark index was in tandem with most of our regional peers.