Weekly Market Review (11 Nov 2019)
Mon, Nov 11, 2019 10:40 AM
- Major global indices were on positive territory last week on the encouraging US-China trade war development. US stock markets continued to chart record highs. On the local front, the FBM KLCI settled the week above key support level of 1,600 to end at 1,609.
- Weekly foreign funds however turned negative, posted net outflow of RM237.2m with year-to-date net outflow of RM8.6bn. Losers of 15 outnumbered 14 gainers in KLCI last week.
- Top 3 performers were AIRPORT (+4.30%), GENTING (+4.19%) and AMBANK (+2.99%) while the 3 losers were TOP GLOVE (-3.76%), HARTA (-3.43%) and IOI CORP (-1.81%).
