FBM KLCI: 1,683.34 pts (-4.93pts, -0.29%)

Renewed fears of escalated trade conflicts following the arrest of Huawei's CFO weighed on global market sentiments and pushed the FBM KLCI lower on Thursday, despite recovery in telco heavyweights.  Market breadth was muted with 588 decliners against 259 advancers. Meanwhile, consumer products counters like QL Resources(-28.0 sen), Ajinomoto (-20.0 sen) and Dutch Lady (-16.0 sen) took a beating.

Top 3 Active stocks:
ARMADA (5210): RM0.16 (+0.5 sen)
SAPNRG (5218): RM0.355 (+2.0 sen)

HUBLINE (7013): RM0.04 (unch)

Volume: 1.96 bln (100-day avg vol: 2.29 bln)
Value: RM1.86 bln
Market Breadth: ⬆:259 ⬇:588
Crude palm oil: RM2,012 (+RM17)

Dow Futures: 24,698 pts (-348 pts)

Source: Bloomberg, M+ Online

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