FBM KLCI: 1,764.16 pts (-11.64pts, -0.66%)

The FBM KLCI lingered in the negative territory for the entire intra-day session, as investors retreat to the sidelines ahead of the long weekend. Market breadth was bearish as losers continued its dominion over the winners on a ratio of 571-to-309 stocks. Meanwhile, property counters like SP Setia and Sime Darby Property weakened, following concerns of a potential review of the Battersea Power Station property project.

Top 3 Active stocks:
SAPNRG (5281): RM0.665 (+3.0 sen)
MYEG (0138): RM0.945 (+0.5 sen)

FRONTKN (0128): RM0.47 (+2.5 sen)

Volume: 2.36 bln (100-day avg vol: 2.82 bln)
Value: RM2.39 bln
Market Breadth: ?:309 ?:571
Crude palm oil: RM2,333 (-RM27)

Dow Futures: 25,326 pts (-22 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.