FBM KLCI: 1,506.63 pts (-6.44pts, -0.43%)

The FBM KLCI (-0.4%) retreated after erasing all its intraday gains owing to the eleventh hour profit taking in selected index heavyweights. Market breadth, however, turned positive as gainers outstripped losers on a ratio of 629-to-441 stocks. Amidst the mostly positive broader market, the energy sector (+1.2%) outperformed on gains from Dialog (+9.0 sen) Petron Malaysia (+5.0 sen) and Heng Yuan (+3.0 sen) with crude oil prices on course to register its fourth straight winning streak.

Top 3 Active stocks:
MCT (5182): RM0.20 (+1.0 sen)
KANGER (0170): RM0.30 (unch)
ABLEGRP (7086): RM0.175 (+3.0 sen)

Volume: 6.87 bln (100-day avg vol: 9.16 bln)
Value: RM5.07 bln
Market Breadth: ⬆:629 ⬇:441
Crude palm oil: RM3,067 (+RM92)
Dow Futures: 27,769 pts (-50 pts)

Source: Bloomberg, M+ Online

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