Markets  |  FEBRUARY 20, 2013 5:17AM

Share prices remain easier at mid-day

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bursa  noon close edited

Share prices on Bursa Malaysia remained easier at the end of the morning session today with most investors cautious ahead of Bank Negara Malaysia’s announcement of gross domestic product figures for 2012 later today, dealers said.

They said a string of financial results from companies will also be released later today, and these positive data will likely give some boost to the local bourse.

As at 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 4.05 points to 1,611.02 compared to yesterday’s close of 1,615.07.

DiGi, which contributed 1.74 points to the benchmark index’s loss, lost nine sen to RM4.61.
The benchmark index, which opened at 1,617.53, moved between 1,606.73 and 1,617.64 during the whole morning session.

Meanwhile, most of the regional bourses remained in positive territory with Japan’s Nikkei 225 surging 91.66 points to 11,464.00 while Hong Kong’s Hang Seng advanced 58.01 points to 23,201.92 and Singapore’s Straits Times rose 8.57 points to 3,304.34.

On the local front, the Finance Index slipped 1.38 points to 14,789.12, the Industrial Index declined 6.59 points to 2,772.34 and the Plantation Index dropped 4.79 points to 7,899.01.

The FBM Emas Index was 16.13 points lower at 10,952.17, the FBMT100decreased 16.14 points to 10,805.9, the FBM Ace eased 6.26 points to 4,001.78 while the FBM Mid 70 Index improved 32.81 points to 11,906.63.

Losers led gainers by 335 to 199, with 259 counters unchanged, 883 untraded and 17 others suspended.

It was moderate trading with total volume at 703.437 million shares worth RM747.07 million.

Among the actives, The Media Shoppe and main market debutant Tune Ins Holdings were both unchanged at nine sen and RM1.35 respectively while Patimas eased one sen to 7.5 sen.

Of the heavyweights, Maybank rose four sen to RM8.88, while Sime Darby declined three sen to RM9.20 and Axiata eased two sen to RM6.21.

CIMB was unchanged at RM6.98.

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