FBM KLCI: 1,687.57 pts (-8.57pts, -0.51%)

Tracking the negative performance in Wall Street due to extended losses in tech stocks, the FBM KLCI was also lower by 0.5%, dragged down by losses in selected telco heavyweights and unabated selling-pressure in crude oil prices. Market breadth was negative 484 losers vs 323 winners, while notable decliners were stocks in the technology sub-sector like Globetronics (-12.0 sen), Inari (-8.0 sen) and MI Equipment (-8.0 sen).

Top 3 Active stocks:
SMETRIC (0203): RM0.535 (+28.5 sen)
SAPNRG (5218): RM0.37 (-1.0 sen)

HIBISCS (5199): RM1.10 (-2.0 sen)

Volume: 2.04 bln (100-day avg vol: 2.28 bln)
Value: RM1.94 bln
Market Breadth: ⬆:323 ⬇:484
Crude palm oil: RM2,013 (-RM21)

Dow Futures: 25,476 pts (+95 pts)

Source: Bloomberg, M+ Online

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