FBM KLCI: 1,692.50 pts (-22.01 pts, -1.32%).
The FBM KLCI plunged below the EMA20 level after 1MDB confirmed that it defaulted on a $1.75 bln bond after missing a $50 mln interest payment. Also, cross default triggered on two others notes totalling to $1.9 bln. (Source:WSJ) Malaysian Ringgit weakened further to 3.929.
 
Top 3 Active stocks:
VIVOCOM (0069): RM0.315 (-1.5 sen)
AAX (5238): RM0.34 (+-2.5 sen)
AIRASIA (5099): RM1.91 (-13.0 sen)

Volume: 2.91 bln (3-month avg vol: 1.72 bln)
Value: RM2.33 bln
Market Breadth: ⬆:164, ⬇:779
Crude palm oil: RM2,671 (+RM16)
Dow Futures: 17,946 pts (+44 pts)

Source: Bloomberg, M+ Online

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