Weekly Market Review (14 Oct 2019)
- Major stock markets ended higher last week on the positive development of US-China trade deal. Dow Jones Industrial Average Index rose 338.6 points to 26,816.6 last week as market sentiment was boosted by the announcement of partial trade deal with China.
- Conversely, the FBM KLCI was 0.14% lower for the week. Weekly foreign funds were negative, posted net outflow of RM276.6m with year-to-date net outflow of RM8.9bn.
- Gainers outnumbered losers by 16 to 9 within the KLCI last week. Top 3 performers include MISC (+6.43%), TENAGA (+1.76%) and HLB (+1.12%) while the 3 losers were TOP GLOVE (-4.45%), PETDAG (-2.70%) and AMMB (-2.53%).
