Tuesday July 10, 2012
Bursa Malaysia easier on profit-taking
SHARE prices on Bursa Malaysia closed slightly easier on continued profit taking after a record high last Friday and coupled with a soft external markets performance, dealers said.
The FTSE Bursa Malaysia KLCI (FBM KLCI) shed 0.24 of a point to close at 1,620.31. It had moved between 1,616.24 and 1,620.54 in trading.
In moderate trading, the dealers said investors were hesitant to take any major position in the market, on jitters over external woes following a weaker than expected jobs data in the United States.
However, gains in some blue chip counters, helped the local bourse stay above the 1,615 level, a dealer said.
The Finance Index surged 70.88 points to 14,508.60, the Plantation Index lost 19.93 points to 8,737.24, and the Industrial Index declined 14.90 points to 2,857.06.
The FBM Emas rose 4.66 points to 11,090.91, the FBM Ace Index dipped 11.92 points to 4,387.25, and the FBM 70 Index added 39.28 points to 12,222.33.
Turnover increased to 1.266 billion shares worth RM1.293bil from the 1.14 billion shares worth RM1.52bil last Friday.