Shares end mixed in thin trade

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SHARE prices on Bursa Malaysia closed mixed in thin trade yesterday as weak performance in regional markets kept investors sidelined, dealers said.

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) slipped 2.41 points to close at 1,671.63, after opening 5.96 points higher at 1,680.

The regional Asian markets showed mixed performance amid poor economic data from Japan, the world’s third largest economy, and quiet trading due to the Easter holiday with markets in Australia and Hong Kong closed.

Decliners and advancers were at the same level of 346, while 293 counters were unchanged, 666 untraded and 57 others suspended.

Turnover declined to 610.18 million shares worth RM1.169 billion from 917.244 million shares worth RM2.073 billion recorded on Thursday.

Among actives, Fast Track Solution rose half a sen to nine sen, Axiata Group declined two sen to RM6.60, AMMB Holdings increased one sen to RM6.55 and MK Land Holdings was unchanged at 31.5 sen.

Of the heavyweights, Maybank lost five sen to RM9.35, CIMB Group Holdings shed two sen to RM7.63 and Sime Darby increased one sen to RM9.27.

Meanwhile, FBM KLCI futures contracts on Bursa Malaysia Derivatives closed lower yesterday in sync with the easier cash market, dealers said.

Spot month March 2013 was unchanged at 1,673, April 2013 fell 8.50 points to 1,661.50, June 2013 lost 10 points to 1,652 and September 2013 shed nine points to 1,643.50.

Turnover dwindled to 13,785 lots from 16,149 lots on Thursday while open interest slid to 51,998 contracts from 55,288 contracts recorded previously. Bernama

Business Times : marketwatch

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