FBM KLCI: 1,440.11 pts (-5.44pts, -0.38%)

The FBM KLCI (-0.38%) ended lower and hovered below the 1,450 level; in-line with the mixed regional market sentiment due to the concern over the higher-for-longer interest rates environment. Market breadth was negative with losers outpacing gainers by 572-to-341 stocks. On the broader market, the Energy sector gained 1.12% from buying support in ARMADA (+2.0 sen) and DIALOG (+2.0 sen) due to the rebound in Brent oil prices. Meanwhile, the Construction sector (-1.42%) ended lower amid selling pressure in IJM (-6.0 sen) and GAMUDA (-7.0 sen) due to profit taking activities after the recent rally. 

Top 3 Active stocks:
EMCC (0286): RM0.350 (+3.5 sen)
MYEG (0138): RM0.780 (-2.0 sen)

VSOLAR (0066): RM0.180 (-4.5 sen)

Volume: 2.97 bn (100-day avg vol: 3.17 bn)
Value: RM1.94 bn (100-day avg val: RM2.01 bn)
Market Breadth: ⬆️341 ⬇️572
Crude palm oil: RM3,780 (+RM88)

Dow Futures: 33,975 pts (+100 pts)

Source: Bloomberg, M+ Online

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