FBM KLCI: 1,634.19 pts (-18.55pts, -1.12%)
The FBM KLCI plunged 1.1% amid a sell down in Asian equities and the Ringgit, triggered by expectations of an interest rate hike under the Donald Trump's presidency. Market breadth was negative with 279 gainers, 612 losers, while 274 traded unchanged. Despite the negative outlook, gloves-related counters such as TOPGLOVE (+24.0 sen) and KOSSAN (+13.0 sen) advanced.
Top 3 Active stocks:
BORNOIL (7036): RM0.67 (-1.0 sen)
RGB (0037): RM0.23 (-0.5 sen)
HIBISCS (5199): RM0.28 (-2.0 sen)
Volume: 1.98 bln (100-day avg vol: 1.67 bln)
Value: RM2.81 bln
Market Breadth: ?:282 ?:610
Crude palm oil: RM2,995 (+RM101)
Dow Futures: 18,770 pts (+-16pts)
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.