Bursa Malaysia - Market Commentary - 24 September 2008

The local bourse closed -2.44 points or 0.24% lower at 1026.18 points on continuous concerns over higher crude oil prices and global credit mess. Top leaders were Sime Darby (+15 sen to RM6.50), KLK (+30 sen to RM9.85) and PPB Group (+20 sen to RM8.60) whilst top laggards were MISC (-20 sen to RM8.30), IOI Corp (-10 sen to RM4.56) and Tenaga (-10 sen to RM6.90). Market breadth remained negative with 319 decliners outpacing 218 advancers. However, volume declined to 336m share worth RM0.73b from Monday's 467m shares worth RM0.91b

Source: JF Apex Securities Bhd