FBM KLCI: 1,632.80 pts (-4.50pts, -0.27%)

The FBM KLCI took a beating on Monday, on renewed fears of a full-blown trade war between China and the U.S. after President Donald Trump threatened to raise the tariffs on $200.0 bln worth of Chinese goods. Market breadth turned bearish as the losers overwhelmed the winners by more than five-fold, while notable underperformers include semiconductor-related stocks like Pentamaster (-30.0 sen), MI Technovation (-12.0 sen) and Inari (-7.0 sen).

Top 3 Active stocks:
EKOVEST (8877): RM0.91 (-4.5 sen)
SAPNRG (5218): RM0.32 (-1.5 sen)

ARMADA (5210): RM0.21 (-1.0 sen)

Volume: 2.79 bln (100-day avg vol: 2.65 bln)
Value: RM1.70 bln
Market Breadth: ⬆:150 ⬇:790
Crude palm oil: RM1,979 (-RM31)

Dow Futures: 25,980 pts (-519 pts)

Source: Bloomberg, M+ Online

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