FBM KLCI: 1,595.85 pts (-8.62pts, -0.54%)
The Malaysian key-index lingered in the negative territory for the entire intraday session, weighed down telco-heavyweights like Axiata and Digi, following the fallout in the Axiata-Telenor merger. Market breadth turned negative with 458 decliners vs 345 advancers, while 356 stocks flatlined. Meanwhile, O&G -related companies like Hibiscus (+5.5 sen), Armada (+3.0 sen) and Uzma (+1.5 sen).

Top 3 Active stocks:
ARMADA (5210): RM0.285 (+3.0 sen)
SAPNRG (5218): RM0.28 (+1.0 sen)
PWORTH (7123): RM0.05 (unch)

Volume: 2.19 bln (100-day avg vol: 2.45 bln)
Value: RM1.92 bln
Market Breadth: :arrow_up::345 :arrow_down::458
Crude palm oil: RM2,228 (+RM27)
Dow Futures: 26,784 pts (-56 pts)

Source: Bloomberg, M+ Online

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