Thursday 25 Apr 2024
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KUALA LUMPUR: Share prices of Puncak Niaga and DiGi fell at the midday break on Monday in tandem with the weaker Asian markets but plantation stocks were given a slight boost from firmer crude palm oil (CPO) futures.

At 12.19pm, the KL Composite Index had lost 4.37 points to 905.47. Turnover was 236 million shares valued at RM201 million. There were 125 gainers, 194 losers and 160 stocks unchanged.

Trading was halted at 12.19pm because of a technical glitch in Bursa’s market data dissemination.

Asian markets were also lower, with Hong Kong’s Hang Seng Index down 231 points or 1.71% to 13,322.83, while Singapore’s Straits Times Index fell 0.41% to 1,698.72.

CPO futures rose RM16 to RM2,010 while light crude oil shed 4 US cents to US$37.47.

At Bursa Malaysia, BAT fell RM1 to RM44 with 4,700 shares done while DFZ gave up 30 sen to RM3.18, Maypak 23.5 sen to 35 sen and Gefung 16.5 sen to 20.5 sen.

Puncak lost 24 sen to RM2.88 as investors and analysts viewed the Selangor state government offer for the assets was not attractive.

DiGi shed 20 sen to RM21 while HL Bank gave up 15 sen to RM5.45.

Compugates was the most active with 30.3 million shares done. It added one sen to 17 sen. MRCB and UEM Land rose 1.5 sen each to 90 sen and 78.5 sen while Landmarks added 6.5 sen to 80 sen.

Kurnia-WA and SHL rose 30 sen each to 90 sen and RM1.20 respectively while United Plantations gained 20 sen to RM10.50 and Kulim 10 sen to RM5.25.

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