FBM KLCI: 1,570.00 pts (-1.11pts, -0.07%)
The FBM KLCI ended the week on a weaker note, dragged down by losses in selected telco heavyweights, despite stronger crude palm oil prices, while market breadth was negative with 429 decliners vs 322 advancers. On the laggards' list, tech counters like MPI (-30.0 sen), Globetronics (-9.0 sen) and Pentamaster (-9.0 sen) retreated after their recent rally.
Top 3 Active stocks:
VELESTO (5243): RM0.365 (+2.0 sen)
NETX (0020): RM0.02 (-0.5 sen)
VSOLAR (0066): RM0.055 (unch)
Volume: 2.06 bln (100-day avg vol: 2.32 bln)
Value: RM1.40 bln
Market Breadth: ⬆:322 ⬇:429
Crude palm oil: RM2,400 (+RM16)
Dow Futures: 26,782 pts (+2 pts)
Source: Bloomberg, M+ Online
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