FBM KLCI: 1,746.16 pts (-18.35pts, -1.04%)
Selling pressure from foreign participants sent the FBM KLCI (-1.0%) alongside with its regional peers lower on Monday. Market breadth stayed negative with 583 decliners surpassing 304 advancers, while 336 stocks closed unchanged. Export-related semiconductor counters like Pentamaster (+8.0 sen), MPI (+4.0 sen) and Inari (+2.0 sen), however, outperformed the negative broader market after the Ringgit depreciated, hitting the RM4.00/US$1.00 level.
Top 3 Active stocks:
KRETAM (1996): RM0.46 (-23.5 sen)
IRIS (0010): RM0.155 (+2.0 sen)
SAPNRG (5218): RM0.63 (-2.0 sen)
Volume: 1.91 bln (100-day avg vol: 2.72 bln)
Value: RM2.04 bln
Market Breadth: ⬆:304 ⬇:583
Crude palm oil: RM2,309 (-RM27)
Dow Futures: 24,984 pts (-125 pts)
Source: Bloomberg, M+ Online
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