FBM KLCI: 1,649.15 pts (-17.51pts, -1.05%)

The FBM KLCI erased last Friday's gains and closed in the red, in-tandem with the weakness in the regional markets and selldown in more than half of its key constituents. Market breadth was grim as losers more than tripled the winners, while notable decliners include financials-related counters like Hong Leong Financial Group (-54.0 sen), Hong Leong Bank (-10.0 sen) and Public Bank (-10.0 sen) on expectations of lower interest rates.

Top 3 Active stocks:
SAPNRG (5218): RM0.345 (unch)
MYEG (0138): RM1.33 (-6.0 sen)

ARMADA (5210): RM0.195 (+1.0 sen)

Volume: 2.79 bln (100-day avg vol: 2.39 bln)
Value: RM1.74 bln
Market Breadth: ⬆:191 ⬇:684
Crude palm oil: RM2,138 (-RM29)

Dow Futures: 25,532 pts (-38 pts)

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.