FBM KLCI: 1,597.96 pts (-1.15pts, -0.07%)

The FBM KLCI reversed some of its recent gains amid mild profit-taking activities, following the weak sentiment in the offshore markets. Market breadth was negative as 574 losers outrun 293 winners, while 358 stocks flatlined. Semicon-related counters like Inari (-27.0 sen), KESM (-19.0 sen) and Pentamaster (-6.0 sen) fell after giant chip maker Broadcom announced plans to sell off its wireless chip business.

Top 3 Active stocks:
INARI (0166): RM1.61 (-27.0 sen)
PWORTH (7123): RM0.045 (+0.5 sen)

KNM (7164): RM0.355 (+4.0 sen)

Volume: 2.11 bln (100-day avg vol: 2.37 bln)
Value: RM1.70 bln
Market Breadth: ⬆:293 ⬇:574
Crude palm oil: RM2,865 (+RM7)

Dow Futures: 28,264 pts (-17 pts)

Source: Bloomberg, M+ Online

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