FBM KLCI: 1,709.75 pts (-5.61pts, -0.33%)
The FBM KLCI (-0.3%) continued its downward bias despite recovery in the offshore markets, weighed down by selling pressure in selected blue chip and the weaker Ringgit. Market breadth, however, turned positive as advancers overtook decliners on a ratio of 439-to-356 stocks. Semicon-related stocks like Unisem (+15.0 sen), Pentamaster (+6.0 sen) and Visdynamics (+3.0 sen) bucked the general market sentiment to close higher, on expectations of resilient growth in the global semiconductor industry.
Top 3 Active stocks:
SAPNRG (5218): RM0.625 (+2.5 sen)
MI (5286): RM1.54 (+12.0 sen)
GSB (7077): RM0.23 (+4.5 sen)
Volume: 1.85 bln (100-day avg vol: 2.66 bln)
Value: RM2.21 bln
Market Breadth: ⬆:439 ⬇:356
Crude palm oil: RM2,259 (-RM4)
Dow Futures: 24,829 pts (+114 pts)
Source: Bloomberg, M+ Online
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