MPI Leads Gainers As Nestle Loses Previous Day’s Gain

Today’s trading session ended with profit-taking, sending the benchmark KLCI slightly down, losing 0.71 points, or 0.04%, to settle at 1,634.91.

Malaysian Pacific Industries was today’s biggest gainer, adding 40 sen to its share price to settle at RM26.42.

The semiconductor player could be the beneficiary of the ongoing global shifting of semiconductor plants to Southeast Asia and Central America, and also the year-end festive season in the West that has pushed up demand for smart electronics.

Meanwhile, Nestle lost RM1.00, the massive gain recorded yesterday, to revert back to RM105.00, dictated by a small daily trading volume of just 18,600 shares, or about 18 lots1.

Foodstuff counters ended the day mixed. Heineken Malaysia, the beer supplier, added 22 sen to climb to RM23.06, whereas Teoseng Capital, the layer farm operator, trimmed 25 sen to close at RM2.20.

The daily volume traded totaled at RM3.2 billion2 shares and valued at RM2.5 billion3.

Top gainers and top losers today:

Top Gainers
NoStock NameStock CodeLast DoneCHGVOL (’00)
1Malaysian Pacific Industries386726.420+0.400741
2Tenaga Nasional534714.420+0.240111,306
3Heineken Malaysia325523.060+0.2201,348
4Heitech Padu50284.240+0.22032,182
5Sunway Consstruction Group 52634.540+0.22038,498
Top Losers
NoStock NameStock CodeLast DoneCHGVOL (’00)
1Nestle4707105.000-1.000186
2Hengyuan Refining Company 43242.590-0.25042,534
3Teoseng Capital 72522.200-0.25053,575
4Pertama Digital 85320.245-0.2402,287,582
5Allianz Malaysia116320.160-0.220248

  1. 1 lot = 1,000 shares (Note that in some cases 1 lot = 100 shares) ↩︎
  2. 3,223,619,300 shares ↩︎
  3. RM2,470,892,912 ↩︎

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