Weekly Market Review (13 Jan 2020)
- Major global indices rebounded last week following the easing tension on geopolitical politics between US and Iran and positive sentiment driven by the trade deal between US and China. Hang Seng Index was the top gainers and it ended at 28,638 points.
- On the local front, FBM KLCI edged down 0.39% to 1,591.5. Weekly foreign funds were negative, posted net outflow of RM10.9m with year-to-date net inflow of RM171.1m. There were 10 gainers against 19 losers in KLCI last week.
- The performers were MAXIS (+3.19%), PMETAL (+2.49%) and GENTING (+1.99%). Top 3 losers were AIRPORT (-6.75%), PETCHEM (-2.82%) and PETDAG (-2.68%).
