FBM KLCI: 1,651.44 pts (-21.28 pts, -1.27%). 
Despite the positive performance on the overnight Dow, the FBM KLCI endured with another set of selling pressure as concerns over another bond payment on the 11th of May by 1MDB, coupled with the weakening of Ringgit Malaysia. However, as the FBM KLCI is oversold, it may perform a mild technical rebound over the near term. Nevertheless, lower liners like M3TECH (+2.5 sen) and MYCRON (+4.5 sen) were actively traded into the positive territory. 
 
Top 3 Active stocks:
VIVOCOM (0069): RM0.34 (+1.5 sen)
SKPETRO (5218): RM1.64 (-1.0 sen)
SGB (7165): RM0.655 (-24.5 sen)

Volume: 1.69 bln (3-month avg vol: 1.70 bln) 
Value: RM1.73 bln 
Market Breadth: ⬆:221, ⬇:624
Crude palm oil: RM2,549 (-RM44)

Dow Futures: 17,703 pts (-96 pts) 

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.