FBM KLCI: 1,589.61 pts (-16.81pts, -1.05%)

The FBM KLCI (-1.1%) retreated alongside with the weakness across regional peers as key index slipped below the 1,600 psychological level, dragged down by rising geopolitical tension between US and China.  Market breadth turned negative as losers outstripped the gainers by a ratio of 719-to-383 stocks. All 13 major sectors were in the red with the healthcare sector (-3.6%) was again the biggest decliner on weakness from Top Glove (-68.0 sen), Pharma Niaga (-40.0 sen) and Hartalega (-32.0 sen).

Top 3 Active stocks:
IRIS (0010): RM0.295 (+4.0 sen)
NEXGRAM (0096): RM0.055 (+1.5 sen)
BIOHLDG (0179): RM0.295 (-1.5 sen)

Volume: 9.89 bln (100-day avg vol: 6.48 bln)
Value: RM5.19 bln
Market Breadth: ⬆:383 ⬇:719
Crude palm oil: RM2,749 (+RM41)
Dow Futures: 26,399 pts (-144 pts)

Source: Bloomberg, M+ Online

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