FBM KLCI: 1,628.66 pts (-14.97pts, -0.91%)

The FBM KLCI shrugged off the prevailing optimism in the regional markets and snapped its winning streak, weighed down by the selling-pressure in selected banking stocks. Market breadth was positive with 445 advancers vs. 411 decliners. Key losers, meanwhile, include notable banks like Public bank (-68.0 sen), Hong Leong Bank (-32.0 sen) and Ambank (-11.0 sen) amid expectations of lower interest rates.

Top 3 Active stocks:
KTB (4847): RM0.175 (+9.0 sen)
SAPNRG (5218): RM0.345 (+1.0 sen)

GETS (5079): RM0.35 (+.1.5 sen)

Volume: 2.63 bln (100-day avg vol: 2.40 bln)
Value: RM1.97 bln
Market Breadth: ⬆:445 ⬇:411
Crude palm oil: RM2,104 (-RM2)

Dow Futures: 26,144 pts (+211 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.