FBM KLCI: 1,600.68 pts (-10.82pts, -0.67%)

The FBMKLCI (-0.67%) saw a pullback, as the index was dragged down by selling pressure in Industrial Products & Services heavyweights, notably PMETAL (-19.0 sen). The decline was due to China’s latest fiscal measures falling short of market expectations, which pressured aluminum prices lower. Market breadth was negative, with 586 losers compared to 419 gainers. However, buying interest was noticed in Energy (+0.70%) after DAYANG (+0.70%) won two more contracts to provide pan-Malaysia services to Petronas and its production sharing contractors, while Construction (-0.87%) declined the most.

Top 3 Active stocks:
CEB (5311): RM0.380 (+0.5 sen)
LWSABAH (5328): RM0.880 (-6.0 sen)

CLASSITA (7154): RM0.065 (+2.0 sen)

Volume: 3.15 bn (100-bar avg vol: 3.69 bn)
Value: RM2.69 bn (100-bar avg val: RM3.20 bn)
Market Breadth: ⬆️419 ⬇️586
Crude palm oil: RM4,949 (-RM38)

Dow Futures: 44,153 pts (+45 pts)

**Source: Bloomberg, M+ **

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