Weekly Market Review (06 May 2019)
Mon, May 6, 2019 10:28 AM
- Regional markets were mostly mixed to lower. The DJI eased marginally by 49.44 points or 0.19% lower to 26,504.95 with a mixed bag of corporate results.
- The local bourse inched lower with the FBM KLCI easing 0.10 points or 0.01% to close the week at 1,637.30.
- Foreign funds outflow continued with RM275.8m net outflow pushing YTD outflow to over RM2.85bn. Performance amongst the FBMKLCI components saw 18 losers to 10 gainers.
- Top 3 performers include Axiata (+1.51%), Maybank (+1.31%) and Tenaga (+0.82%) while the top 3 losers were P Metal (-3.16%), Genting (-2.77%) and IHH (-1.43%).