FBM KLCI: 1,661.25 pts (+8.70 pts, +0.53%)
The FBM KLCI recouped most of its previous session losses, on bargain hunting in selective banking heavyweights such as HLFG (+10.0 sen), MAYBANK (+8.0 sen) and PBBANK (+6.0 sen). Market sentiments turned positive with advancers edged decliners by a ratio of 408-to-398 stocks. Construction companies were traded positively – IJM (+12.0 sen), ECONBHD (+7.0 sen) and IREKA (+5.0 sen) in ahead of the upcoming Budget 2017 announcement.
Top 3 Active stocks:
BORNOIL (7036): RM0.185 (unch)
PERISAI (0047): RM0.09 (-3.5 sen)
AT (0072): RM0.065 (unch)
Volume: 1.49 bln (3-month avg vol: 1.77 bln)
Value: RM1.94 bln
Market Breadth: ?:408 ?:398
Crude palm oil: RM2,606 (-RM30)
Dow Futures: 18,198 pts (+42 pts)
Source: Bloomberg, M+ Online
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