FBM KLCI: 1,626.00 pts (-3.87 pts, -0.24%)
Another down day on the FBM KLCI amid selling activities from foreigners, coupled with the MSCI index rebalancing that will be implemented as of the close of 31st May 2016. Market breadth are still negative with decliners outpaced the advancers with a ratio of 434-to-356 stocks. However, some small caps and lower liners were traded positively; TEXCYCL (+8.0 sen) and MINHO (+7.0 sen).
Top 3 Active stocks:
ARMADA (5210): RM0.65 (-3.0 sen)
CIMB (1023): RM4.39 (unch)
MAYBANK (1155): RM8.16 (-7.0 sen)
Volume: 2.69 bln (3-month avg vol: 1.71 bln)
Value: RM6.71 bln
Market Breadth: ⬆:356 ⬇:434
Crude palm oil: RM2,620 (+RM20)
Dow Futures: 17,871 pts (+22 pts)
Source: Bloomberg, M+ Online
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