FBM KLCI: 1,496.48 pts (-9.30pts, -0.62%)

Despite opening higher at the start of the trading bell, the FBM KLCI (-0.6%) succumbed to the selling pressure owing to the renewed political instability after an opposition leader, Datuk Seri Anwar Ibrahim made a press conference claiming majority seats in the Parliament. Market breadth remained negative as losers hammered gainers on a ratio of 896-to-246 stocks. With all 13 major sectors in the red, the energy sector (-2.9%) was the worst performer, dragged down by weakness from Yinson (-13.0 sen), Dialog Group (-7.0 sen) and Petron Malaysia (-6.0 sen)

Top 3 Active stocks:
ASB (1481): RM0.19 (+6.5 sen)
KANGER (0170): RM0.26 (-5.0 sen)
PASUKGB (0177): RM0.085 (-4.0 sen)

Volume: 8.45 bln (100-day avg vol: 9.20 bln)
Value: RM4.32 bln
Market Breadth: ⬆:246 ⬇:896
Crude palm oil: RM2,873 (-RM84) 
Dow Futures: 27,348 pts (+205 pts)

Source: Bloomberg, M+ Online

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