FBM KLCI: 1,564.59 pts (-11.83pts, -0.75%)

The FBM KLCI (-0.8%) erased most of its previous session gains weighed down by the weaker-than-expected 2Q2020 GDP data that contracted -17.1% YoY – the weakest quarterly performance in history. Market breadth turned negative as losers hammered the gainers by a ratio of 981-to-213 stocks. Amidst the negative broader market, the healthcare sector (-5.1%) was the worst performer, dragged down by Supermax (-RM1.56), Top Glove (-RM1.18) and Kossan (-70.0 sen)

Top 3 Active stocks:
XOX (0165): RM0.24 (-1.5 sen)
SAPNRG (5218): RM0.115 (-1.5 sen)
BORNOIL (7036): RM0.07 (+0.5 sen)

Volume: 10.46 bln (100-day avg vol: 8.12 bln)
Value: RM5.15 bln
Market Breadth: ⬆:213 ⬇:981
Crude palm oil: RM2,687 (-RM29)
Dow Futures: 27,604 pts (-219 pts)

Source: Bloomberg, M+ Online

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