FBM KLCI: 1,560.74 pts (-3.85pts, -0.25%)

The FBM KLCI (-0.3%) started off the week on another dour note despite recovering most of its intraday losses as weakness remain prevalent within the glove heavyweights. Market breadth stayed negative as losers outmuscled the gainers by a ratio of 6-to-5 stocks. Meanwhile, the telecommunications & media sector (+2.0%) outperformed on gains from Green Packet (+11.0 sen), DIGI (+4.0 sen) and Pelangi Publishing (+1.0 sen)

Top 3 Active stocks:
BORNOIL (7036): RM0.07 (unch)
XOX (0165): RM0.20 (-4.0 sen)
IRIS (0010): RM0.395 (+6.5 sen)

Volume: 8.80 bln (100-day avg vol: 8.17 bln)
Value: RM4.95 bln
Market Breadth: ⬆:502 ⬇:595
Crude palm oil: RM2,697 (+RM50)
Dow Futures: 27,859 pts (+67 pts)

Source: Bloomberg, M+ Online

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