FBM KLCI: 1,586.98 pts (-8.95pts, -0.56%)

The FBM KLCI (-0.6%) retreated after experiencing a choppy trading session, mainly dragged down by weakness in glove heavyweights as investors shift their attention to pharmaceutical-related stocks instead.  Market breadth turned negative as losers overtook the gainers by a ratio of 557-to-510 stocks. The healthcare sector (+7.8%) took the lead on the broader market on gains from Pharma Niaga (+RM1.05), Apex Healthcare (+91.0 sen) and Kotra (+82.0 sen); all limit up spurred by the positive developments over the potential Covid-19 vaccine.

Top 3 Active stocks:
SAPNRG (5218): RM0.10 (unch)
PDZ (6254): RM0.19 (+4.5 sen)

XOX (0165): RM0.185 (+1.0 sen)

Volume: 9.37 bln (100-day avg vol: 6.33 bln)
Value: RM4.89 bln
Market Breadth: ⬆:510 ⬇:557
Crude palm oil: RM2,658 (+RM17)

Dow Futures: 26,602 pts (-124 pts)

Source: Bloomberg, M+ Online

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