FBM KLCI: 1,588.76 pts (-26.91pts, -1.67%)
The FBM KLCI broke the 1,600 psychological level and closed in the red, weighed down by the selldown in most of its constituents ahead of the New Year. Market breadth was also negative as losers overturned the winners on a ratio of 552-to-314 stocks. In contrast, selected steel-related counters like EMetall (+12.5 sen), Mycron (+5.5 sen) and Prestar (+3.0 sen) bucked the general negative sentiment and finished higher today.
Top 3 Active stocks:
TDM (2054): RM0.42 (+1.5 sen)
RSAWIT (5113): RM0.43 (-2.0 sen)
JCY (5161): RM0.315 (+4.0 sen)
Volume: 2.25 bln (100-day avg vol: 2.34 bln)
Value: RM1.75 bln
Market Breadth: ⬆:314 ⬇:552
Crude palm oil: RM3,107 (-RM21)
Dow Futures: 28,456 pts (+16 pts)
Source: Bloomberg, M+ Online
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