FBM KLCI: 1,771.23 pts (-8.22pts, -0.46%)

The FBM KLCI narrowed on Wednesday, weighed down by the overnight weakness in the U.S. stockmarkets and selling pressure in Genting-affiliated stocks.  Market breadth was negative as decliners beat advancers on a ratio of 481-to-369, while 360 stocks flatlined. Notable heavyweights decliners included BAT (-30.0 sen), Hong Leong Financial Group (-30.0 sen) and Genting Malaysia (-24.0 sen). 

Top 3 Active stocks:
PASUKGB (0177): RM0.185 (+2.0 sen)
BORNOIL (7036): RM0.11 (unch)

ARMADA (5210): RM0.75 (+3.0 sen)

Volume: 1.40 bln (100-day avg vol: 3.01 bln)
Value: RM1.85 bln
Market Breadth: ?:369 ?:481
Crude palm oil: RM2,430 (-RM12)

Dow Futures: 21,290 pts (-1 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.