FBM KLCI: 1,571.66 pts (-6.48pts, -0.41%)

The FBM KLCI (-0.4%) started off the week on a feeble note as the key index extended its losses dragged down by the extended selling activities in gloves heavyweights, coupled with the sluggish retail sales data that fell -9.2% YoY in June 2020. Market breadth was largely indifferent as gainers pipped the losers by a ratio of 617-to-538 stocks. The property sector (+2.0%) outperformed on gains from Titijaya (+30.0 sen), Rapid Synergy (+19.0 sen) and Maju Perak (+14.0 sen)

Top 3 Active stocks:
BORNOIL (7036): RM0.085 (+1.0 sen)
PHB (4464): RM0.045 (+0.5 sen)
XOX (0165): RM0.305 (+1.5 sen)

Volume: 19.76 bln (100-day avg vol: 7.61 bln)
Value: RM7.55 bln
Market Breadth: ⬆:617 ⬇:538
Crude palm oil: RM2,708 (-RM50)
Dow Futures: 27,415 pts (+82 pts)

Source: Bloomberg, M+ Online

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