FBM KLCI: 1,669.64 pts (+4.68 pts, +0.28%)
Following OPEC agreement to curb crude oil production which resulted in the rally in crude oil prices overnight, the FBM KLCI extended its gains in tandem with the positive key regional indices as buying interests were centred towards selective oil & gas heavyweights such as PCHEM (+9.0 sen), SKPETRO (+7.0 sen) and PETGAS (+2.0 sen). Market sentiments turned positive with gainers outpaced losers by a ratio of 448-to-342 stocks. Oil & gas stocks such as PETRONM (+5.0 sen), PENERGY (+4.5 sen) and DAYANG (+3.5 sen) were traded positively.
Top 3 Active stocks:
BORNOIL (7036): RM0.185 (+0.5 sen)
AT (0072): RM0.06 (unch)
SUMATEC (1201): RM0.085 (unch)
Volume: 1.84 bln (3-month avg vol: 1.76 bln)
Value: RM1.74 bln
Market Breadth: ?:448 ?:342
Crude palm oil: RM2,617 (+RM12)
Dow Futures: 18,251 pts (+13 pts)
Source: Bloomberg, M+ Online
Disclaimer
The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.
The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.