FBM KLCI: 1,587.33 pts (-1.55pts, -0.10%)

The FBM hugged the breakeven line before closing in the red, weighed down by profit-taking activities in selected telco heavyweights, albeit losses were capped by gains in giant glove makers. Market breadth was negative as losers outweigh the winners, while notable gainers include Top Glove (+29.0 sen), Hartalega (+25.0 sen) and Kossan Rubber (+24.0 sen) on expectations of increased demand amid the virus outbreak in China. 

Top 3 Active stocks:
VC (0060): RM0.09 (-1.0 sen)
YONGTAI (7066): RM0.155 (+2.0 sen)

SUPERMX (7106): RM1.45 (+14.0 sen)

Volume: 2.66 bln (100-day avg vol: 2.44 bln)
Value: RM1.93 bln
Market Breadth: ⬆:383 ⬇:509
Crude palm oil: RM2,874 (-RM28)

Dow Futures: 29,177 pts (-102 pts)

Source: Bloomberg, M+ Online

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