FBM KLCI: 1,718.40 pts (-5.89 pts, -0.34%).
Following the negative sentiments from the overseas stockmarkets amid the renewed global growth concerns, share prices on the local front experienced some profit taking activities as well on the back of short term pullback on crude oil prices. The FBM KLCI may turned into an extended consolidation phase if the key index falls below the EMA20 level. Immediate support will be located around the 1,710 level.

Top 3 Active stocks:
VIVOCOM (0069): RM0.31 (+1.5 sen)
HHHCORP (0160): RM0.11 (+1.0 sen)
ARMADA (5210): RM0.74 (-2.0 sen)

Volume: 1.44 bln (3-month avg vol: 1.79 bln)
Value: RM1.82 bln
Market Breadth: ⬆:365, ⬇:435
Crude palm oil: RM2,683 (-RM27)
Dow Futures: 17,538 pts (+80 pts)

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.