FBM KLCI: 1,757.13 pts (-2.80pts, -0.16%)
The FBM KLCI extended its losses for the second consecutive session, weighed down by persistent foreign outflows, amid expectations of higher U.S. interest rates. Market breadth was subdued as 556 losers outweighed 294 winners, while 351 stocks flatlined. Meanwhile, notable losers were property counters like Iskandar Waterfront City (-3.0 sen), Mah Sing (-3.0 sen) and Ecowld (-2.0 sen).
Top 3 Active stocks:
ADVANCECON (5281): RM0.845 (+21.5 sen)
NETX (0020): RM0.045 (unch)
BORNOIL (7036): RM0.11 (unch)
Volume: 1.67 bln (100-day avg vol: 2.98 bln)
Value: RM1.52 bln
Market Breadth: ?:294 ?:556
Crude palm oil: RM2,591 (+RM37)
Dow Futures: 21,377 pts (+7 pts)
Source: Bloomberg, M+ Online
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