FBM KLCI: 1,706.55 pts (-6.03pts, -0.35%)

The FBM KLCI (-0.4%) snapped two consecutive days of gains, amid profit-taking activities in selected heavyweights after investors digested a slew of corporate earnings. Market breadth turned negative with 552 losers vs 364 advancers, while 363 shares flatlined. Steel counters which rallied on Tuesday include Mycron Steel (+2.5 sen), Chin Well (+1.0 sen) and Melewar (+1.0 sen).

Top 3 Active stocks:
DNEX (4456): RM0.385 (+1.0 sen)
VIVOCOM (0069): RM0.18 (+2.5 sen)
MTRONIC (0043): RM0.085 (-0.5 sen)

Volume: 2.89 bln (100-day avg vol: 1.65 bln)
Value: RM2.36 bln
Market Breadth: ?:364 ?:552
Crude palm oil: RM2,842 (+RM11)

Dow Futures: 20,624 pts (+36 pts)

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.