FBM KLCI: 1,795.50 pts (-17.26pts, -0.95%)
Tracking the negative sentiments in the offshore markets, the FBM KLCI continued to be southbound amid a broad decline in the lower liners and weakening Ringgit. Market breadth was negative as losers overturned the winners on a ratio of 703-to-270 stocks, while 362 stocks flatlined. Furniture-makers like Poh Huat Resources (-4.0 sen), Lii Hen Industries (-3.0 sen) and Evergreen Fibreboard (-1.5 sen), meanwhile, erased earlier gains and closed in the red on Wednesday.
Top 3 Active stocks:
MYEG (0138): RM1.64 (+5.0 sen)
SAPNRG (5218): RM0.34 (-2.0 sen)
BORNOIL (7036): RM0.055 (-0.5 sen)
Volume: 2.91 bln (100-day avg vol: 2.55 bln)
Value: RM2.92 bln
Market Breadth: ⬆:270 ⬇:703
Crude palm oil: RM2,298 (-RM0)
Dow Futures: 25,874 pts (-111 pts)
Source: Bloomberg, M+ Online
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