FBM KLCI: 1,219.72 pts (-19.29pts, -1.56%)

The FBM KLCI (-1.6%) recorded its' sixth consecutive session of decline amid the rising concern over the risk of global recession in 1H2020. Market breadth remained negative as losers outmuscled the winners on a ratio of 849-to-170 stocks. Following the slump in crude oil prices to the lowest level since 2002, the energy sector (-9.3%) sank, dragged down by Yinson (-49.0 sen), Serba Dinamik (-28.0 sen) and Petron Malaysia (-22.0 sen).

Top 3 Active stocks:
SAPNRG (5218): RM0.065 (-1.0 sen)
VELESTO (5243): RM0.095 (-1.5 sen)
ARMADA (5210): RM0.115 (-0.5 sen)

Volume: 4.17 bln (100-day avg vol: 2.92 bln)
Value: RM2.87 bln
Market Breadth: ⬆:170 ⬇:849
Crude palm oil: RM2,237 (-RM2)
Dow Futures: 19,849 pts (-4 pts)

Source: Bloomberg, M+ Online

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