FBM KLCI: 1,239.01 pts (-17.57pts, -1.40%)

The FBM KLCI (-1.4%) retreated for the fifth straight session after succumbing to selling pressure in the second half of the trading session on Wednesday. Market breadth remained negative as losers overpowered the winners on a ratio of 745-to-221 stocks. Nevertheless, the REIT sector (+0.3%) outperformed the broader market with the likes of Axis REIT (+5.0 sen), KLCC (+4.0 sen) and IGB REIT (+3.0 sen).

Top 3 Active stocks:
SAPNRG (5218): RM0.075 (-1.5 sen)
BORNOIL (7036): RM0.015 (unch)
ARMADA (5210): RM0.12 (-2.0 sen)

Volume: 3.49 bln (100-day avg vol: 2.90 bln)
Value: RM2.89 bln
Market Breadth: ⬆:221 ⬇:745
Crude palm oil: RM2,234 (-RM16)
Dow Futures: 20,039 pts (-821 pts)

Source: Bloomberg, M+ Online

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