FBM KLCI: 1,557.25 pts (-18.02pts, -1.14%)

The FBM KLCI (-1.1%) took a beating alongside with the weakness across global equities dragged down by the gloomy economic outlook forecasted by the US Federal Reserve that may keep benchmark interest rates at record low levels till 2022. Market breadth turned negative as losers hammered the gainers on a ratio of 928-to-264 stocks. All 13 major sectors were in the red with the energy sector (-3.3%) taking the heaviest beating on losses from Petron Malaysia (-18.0 sen), Dialog (-8.0 sen) and Heng Yuan (-8.0 sen).

Top 3 Active stocks:
AT (0072): RM0.16 (+3.5 sen)
LUSTER (5068): RM0.115 (+1.5 sen)

PHB (4464): RM0.01 (unch)

Volume: 9.16 bln (100-day avg vol: 4.82 bln)
Value: RM5.91 bln
Market Breadth: ⬆:264 ⬇:928
Crude palm oil: RM2,349 (-RM21)

Dow Futures: 26,377 pts (-584 pts)

Source: Bloomberg, M+ Online

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