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Monday, 23 October 2017

KLSE DAILY REPORT



KLSE STOCK MARKET:
The FBM KLCI index lost 3.34 points or 0.19% on Friday. The Finance Index fell 0.31% to 16296.1 points, the Properties Index dropped 0.55% to 1228.66 points and the Plantation Index rose 0.14% to 7922.59 points. The market traded within a range of 4.76 points between an intra-day high of 1745.41 and a low of 1740.65 during the session.Actively traded stocks include TRIVE-WB, HUBLINE, TRIVE, KGROUP, HIBISCS, M3TECH, MAXWELL, PALETTE, COMCORP and KEYASIC. Trading volume decreased to 2619.33 mil shares worth RM2240.30 mil as compared to Thursday’s 3163.25 mil shares worth RM2511.36 mil.Leading Movers were IJM (+4 sen to RM3.27), HLFG (+18 sen to RM16.80), DIGI (+5 sen to RM4.82), YTL (+1 sen to RM1.38) and TM (+3 sen to RM6.12). Lagging Movers were AMMB (-11 sen to RM4.37), GENTING (-
20 sen to RM9.40), PPB (-18 sen to RM16.54), WPRTS (-4 sen to RM3.73) and KLCC (-6 sen to RM7.81). Market breadth was negative with 438 gainers as compared to 438 losers.The KLCI ended the week with a negative note, closing lower at 1740.65 points despite overnight rally in US market. The performance of our local bourse was bogged down by selling interest in heavy weight counters such as Ambank, Genting and Public Bank.





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