FBM KLCI: 1,592.19 pts (-8.95pts, -0.56%)

The FBM KLCI continued its downtrend today, weighed down by extended selling pressure in selected heavyweights following worsening U.S.-China relations over Washington's proposed legislation to support Hong Kong protesters. Market breadth was negative with 552 losers against 320 winners, while plantation-related stocks like Sarawak Oil Palms (+36.0 sen), Ta Ann (+32.0 sen) and Kim Loong Resources (+8.0 sen) bucked the general sentiment and closed higher, in-line with stronger CPO prices.

Top 3 Active stocks:
ALAM (5115): RM0.145 (+1.5 sen)
ARMADA (5210): RM0.515 (-3.0 sen)

NETX (0020): RM0.02 (unch)

Volume: 2.93 bln (100-day avg vol: 2.43 bln)
Value: RM2.15 bln
Market Breadth: ⬆: 320 ⬇:552
Crude palm oil: RM2,685 (-RM0)

Dow Futures: 27,756 pts (-44 pts)

Source: Bloomberg, M+ Online

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