FBM KLCI: 1,798.57 pts (+3.07pts, +0.17%)
The FBM KLCI bucked the mostly negative trend across its regional peers as the local bourse snapped a five-day losing streak amid bargain hunting activities in selected index heavyweights. Market breadth, however, remained negative as losers overpowered the winners on a ratio of 553-to-297 stocks, while 404 stocks flatlined. Consumer products giants like Dutch Lady (-38.0 sen), Carlsberg (-34.0 sen) and Heineken (-26.0 sen) topped the broader market decliners list following the re-introduction of SST earlier this month.
Top 3 Active stocks:
NEXGRAM (0096): RM0.025 (-0.5 sen)
PWORTH (7123): RM0.05 (unch)
SUMATEC (1201): RM0.03 (-0.5 sen)
Volume: 1.98 bln (100-day avg vol: 2.55 bln)
Value: RM1.90 bln
Market Breadth: ⬆:297 ⬇:553
Crude palm oil: RM2,275 (-RM16)
Dow Futures: 26,023 pts (+50 pts)
Source: Bloomberg, M+ Online
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