Weekly Market Review (21 Oct 2019)
- Global stock market ended on mixed note last week. Shanghai Composite Index posted a weekly loss of 2.32% following weak numbers from China’s third-quarter GDP growth. FBM KLCI was 0.23% higher and closed above 1,570 level at 1,571.2.
- Weekly foreign funds turned positive, posted net inflow of RM184.6m with year-to-date net outflow of RM8.7bn. Gainers of 15 outnumbered 10 losers in KLCI last week.
- Top 3 performers include AMBANK (+4.69%), HLB (+3.03%) and DIALOG (+1.76%) while the 3 losers were AIRPORT (-6.98%), AXIATA (-1.86%) and IHH (-1.73%).
