FBM KLCI: 1,596.45 pts (-2.77pts, -0.17%)

The FBM KLCI kicked off the week on a subdued mood, owing to the weakness in telco heavyweights on concerns over the potential merger of Telenor and Axiata. Market breadth, however, stay positive with 428 winners against 349 decliners, while notable gainers were energy-related stocks like Hengyuan (+13.0 sen), Dayang (+8.0 sen) and Carimin (+6.5 sen).

Top 3 Active stocks:
SUMATEC (1201): RM0.025 (-1.0 sen)
SAPNRG (5218): RM0.27 (unch)

VSOLAR (0066): RM0.15 (+0.5 sen)

Volume: 2.21 bln (100-day avg vol: 2.55 bln)
Value: RM1.60 bln
Market Breadth: ⬆:428 ⬇:349
Crude palm oil: RM2,172 (-RM20)

Dow Futures: 26,097 pts (+190 pts)

Source: Bloomberg, M+ Online

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