FBM KLCI: 1,662.92 pts (+1.67 pts, +0.10%)
The FBM KLCI stayed positive for another session after a sharp fall last Friday; the key index rebounded off the 1,660 level, forming a hammer candle, which may be indicating a potential short term rebound towards the 1,680 level. The market breadth, however is negative with decliners overwhelmed advancers by a ratio of 477-to-288 stocks. Nevertheless, selected glove-related stocks like SUPERMX (+4.0 sen) and HARTA (+5.0 sen) ended on a positive note.
Top 3 Active stocks:
PERISAI (0047): RM0.085 (-0.5 sen)
AT (0072): RM0.075 (+1.0 sen)
BORNOIL (7036): RM0.18 (-0.5 sen)
Volume: 1.63 bln (3-month avg vol: 1.79 bln)
Value: RM2.16 bln
Market Breadth: ?:288 ?:477
Crude palm oil: RM2,572 (-RM28)
Dow Futures: 18,086 pts (-6 pts)
Source: Bloomberg, M+ Online
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