FBM KLCI: 1,639.31 pts (-17.08pts, -1.03%)

The FBM KLCI (-1.03%) saw a large pullback, as banking heavyweights like PBBANK (-8.0 sen) and CIMB (-11.0 sen) dragged down sentiment on the local front; in line with the negative US overnight performance amid heightened geopolitical tension in the Middle East. Additionally, market breadth was negative, with losers outnumbering gainers by 874-to-270 stocks. In the broader market, all sectors were negative except for the Energy sector (+1.01%), led by YINSON (+6.0 sen) and DIALOG (+3.0 sen), as Malaysia's energy firms might benefited from the higher crude oil price environment amid the recent Iran strike on Israel.

Top 3 Active stocks:
TALAMT (2259): RM0.025 (+0.5 sen)
CIMB (1023): RM0.7.980 (-11.0 sen)

PA (7225): RM0.330 (+0.5 sen)

Volume: 3.86 bn (100-day avg vol: 4.53 bn)
Value: RM2.73 bn (100-day avg val: RM3.70 bn)
Market Breadth: ⬆️270 ⬇️874
Crude palm oil: RM4,150 (+RM144)

Dow Futures: 42,331 pts (-148 pts)

**Source: Bloomberg, M+ **

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