Market Commentary10 October 2008The KL Composite Index declined 1.30 points or 0.13% to 968.89 points erasing earlier gains to profit taking activities. KLCI laggards were TENAGA (-20 sen to RM6.60), GENTING (-20 sen to RM5.00) and AMMB (-9 sen to RM2.59). KLCI leaders were SIME (+15 sen to RM6.70), IOICORP (+8 sen to RM3.76) and TM (+4 sen to RM3.40). Market breadth turned positive with 322 advancers outpacing 225 decliners. Volume Declined to 509m shares worth RM1.02b from Wednesday's 719m shares worth RM RM1.32b. |
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Source: JF Apex Securities Bhd |
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