FBM KLCI: 1,664.72 pts (-4.78 pts, -0.29%)
Follow-through selling activities were noted on Bursa Malaysia and the FBM KLCI ended lower led by MAYBANK (-10.0 sen), IHH (-12.0 sen) and SIME (-11.0 sen). Market sentiments were negative with decliners led advancers by a ratio of 4-to-3 stocks. Most of the metal-related stocks pulled back as profit taking activities emerged – MELEWAR and MYCRON fell 1.0 sen and 1.5 sen respectively. Nevertheless, buying interest were seen in gloves stocks like SUPERMX (+8.0 sen), KOSSAN (+21.0 sen) and HARTA (+8.0 sen).
Top 3 Active stocks:
SANICHI (0133): RM0.075 (-0.5 sen)
HIAPTEK (5072): RM0.330 (-0.5 sen)
VIVOCOM (0069): RM0.21 (unch)
Volume: 1.49 bln (3-month avg vol: 1.76 bln)
Value: RM1.85 bln
Market Breadth: ?:338 ?:426
Crude palm oil: RM2,691 (-RM24)
Dow Futures: 18,058 pts (+44 pts)
Source: Bloomberg, M+ Online
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