FBM KLCI: 1,513.07 pts (-18.21pts, -1.19%)

The FBM KLCI (-1.2%) snapped a three-day losing streak, mirroring the weakness across regional peers after the US Federal Reserve painted a grim economic outlook with interest rate likely to remain low till 2023. Market breadth turned negative as losers overpowered gainers on a ratio of 2-to-1 stocks. The broader market was mostly negative with the healthcare sector (-3.1%) taking the heaviest beating on weakness from Supermax (-65.0 sen) Top Glove (-64.0 sen) and Adventa (-36.0 sen).

Top 3 Active stocks:
EKOVEST (8877): RM0.58 (unch)
TOPGLOV (7113): RM7.79 (-64.0 sen)
GPA (7096): RM0.195 (-2.0 sen)

Volume: 7.53 bln (100-day avg vol: 9.15 bln)
Value: RM6.20 bln
Market Breadth: ⬆:376 ⬇:768
Crude palm oil: RM2,992 (+RM83) 
Dow Futures: 27,687 pts (-250 pts)

Source: Bloomberg, M+ Online

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