FBM KLCI: 1,628.26 pts (-20.72 pts, -1.26%)

After a three-day rebound on the FBM KLCI, the key index plummeted to almost four-month low after MSCI cuts weighting on most of the banking heavyweights in FBM KLCI like CIMB and MAYBANK. Meanwhile, Malaysia’s economy grew 4.2% in Q1, slowest in six years. Some of the gainers were Malaysia Marine and Heavy Engineering (+6.0 sen), Pestech International (+10.0 sen), Tropicana Corporation (+5.0 sen) and Hong Leong Industries (+19.0 sen) added in the MSCI Global Small Cap Index. 

Top 3 Active stocks:
VIVOCOM (0069): RM0.345 (-1.5 sen)
CIMB (1023): RM4.40 (-27.0 sen)
ARMADA (5210): RM0.74 (-3.0 sen)

Volume: 1.83 bln (3-month avg vol: 1.72 bln) 
Value: RM2.81 bln 
Market Breadth: ⬆:272, :⬇607
Crude palm oil: RM2,600 (-RM48)
Dow Futures: 17,573 pts (-75 pts) 

Source: Bloomberg, M+ Online

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