FBM KLCI: 1,756.05 pts (+14.44pts, +0.83%)
Stocks on Bursa Malaysia surged on Friday, tracking the positive performance of global stocks indices on optimism that a tax rate cut is imminent in the U.S. The positivity also allowed the FBM KLCI to climb back above the 1,750 level to close at its highest level YTD. The day's top gainers were KESM (+52.0 sen), Bintulu Port (+45.0 sen) and Genting Malaysia (+39.0 sen)
Top 3 Active stocks:
DNEX (4456) RM0.0505 (+3.0 sen)
KGROUP (0036): RM0.090 (+0.5 sen)
TIGER (7079): RM0.070 (+1.0 sen)
Volume: 3.12 bln (100-day avg vol: 2.51 bln)
Value: RM2.65 bln
Market Breadth: ?:588 ?:320
Crude palm oil: RM2,532 (+RM28)
Dow Futures: 20,522 pts (-6 pts)
Source: Bloomberg, M+ Online
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