FBM KLCI: 1,597.76 pts (-13.62pts, -0.85%)

The FBM KLCI trended sharply lower in tandem with the weakness across its' regional peers on concern over the escalating geopolitical tension in the Middle East. Market breadth turned bearish as loser hammered the winners, while 343 stocks closed unchanged. Notable outperformers were energy stocks like Heng Yuan (+10.0 sen) Wah Seong (+9.0 sen) and Petron Malaysia (+8.0 sen) as crude oil prices rallied for the second day.

Top 3 Active stocks:
ALAM (5115): RM0.185 (+4.0 sen)
SAPNRG (5218): RM0.29 (+1.5 sen)

VELESTO (5243): RM0.40 (+1.5 sen)

Volume: 3.40 bln (100-day avg vol: 2.36 bln)
Value: RM1.64 bln
Market Breadth: ⬆:269 ⬇:646
Crude palm oil: RM3,084 (-RM32)

Dow Futures: 28,386 pts (-216 pts)

Source: Bloomberg, M+ Online

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