FBM KLCI: 1,639.98 pts (+2.29 pts, +0.14%).
The FBM KLCI trended sideways, ranging between the 1,634-1,642 levels and ended marginally higher by 2.29 pts led by buying interest among selected heavyweights like TENAGA (+24.0 sen) GENM (+11.0 sen) and MAXIS (+6.0 sen). However, market breadth turned negative with decliners outpacing advancers by a ratio of 4-to-3 stocks as traders continue to take profit on the overall market. Nevertheless, plastic related stocks SCGM (+17.0 sen) and SUPERLN (+7.0 sen) managed to gain further traction and ended higher.
Top 3 Active stocks:
TRIVE (0118): RM0.075 (unch)
HIAPTEK (5072): RM0.25 (-5.0 sen)
AIRASIA (5099): RM2.66 (+2.0 sen)
Volume: 1.11 bln (3-month avg vol: 1.66 bln)
Value: RM1.44 bln
Market Breadth: :arrow_up::305 :arrow_down::406
Crude palm oil: RM2,394 (+RM20)
Dow Futures: 17,864 pts (+176 pts)
Source: Bloomberg, M+ Online

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