Weekly Market Review (29 Oct 2019)
- Global stock markets closed on higher note last week with S&P 500 Index recorded an all-time high spurred by positive developments on the US - China trade talk progress. On the local front, FBM KLCI managed to find its support at 1,570 level.
- Weekly foreign funds continued to be positive, posted net inflow of RM302.4m with year-to-date net outflow of RM8.4bn. Losers of 17 outnumbered 9 gainers in KLCI last week.
- Top 3 performers were GENM (+1.31%), DIGI (+1.07%) and IHH (+1.06%) while the 3 losers were RHB (-1.93%), AIRPORT (-1.35%) and PETGAS (-1.08%).
