FBM KLCI: 1,837.04 pts (-1.00pts, -0.05%)

The FBM KLCI slid into the red, after lingering in the negative territory for the most part of the day, weighed down by profit-taking in selected heavyweights. Market breadth turned negative with 606 losers, compared to 402 winners, while 418 stocks flatlined. Packaging manufacturers like Scientex (-8.0 sen), Daibochi (-7.0 sen) and BP Plastics (-2.0 sen) also closed lower on Wednesday.

Top 3 Active stocks:
SUMATEC (1201): RM0.105 (unch)
UMWOG (5243): RM0.335 (-1.0 sen)

DBE (7179): RM0.035 (-0.5 sen)

Volume: 3.36 bln (100-day avg vol: 2.92 bln)
Value: RM2.43 bln
Market Breadth: ?:402 ?:606
Crude palm oil: RM2,519 (+RM25)

Dow Futures: 26,251 pts (+50 pts)

Source: Bloomberg, M+ Online

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