FBM KLCI: 1,652.74 pts (+5.12 pts, +0.31%)
Tracking the strong rally on the overnight Wall Street, the FBM KLCI managed to rebound towards the 1,660 level amid strong bargain hunting activities. Market breadth was positive as most of the stocks rebounded into the green territory; advancers led decliners by a ratio of 650-to-207 stocks. Also, construction-related stocks like WCT (+11.0 sen) and EKOVEST (+19.0 sen) gained positively.
Top 3 Active stocks:
VIVOCOM (0069): RM0.18 (+1.0 sen)
TAGB (5158): RM0.255 (+0.5 sen)
RGB (0037): RM0.235 (+0.5 sen)
Volume: 1.64 bln (3-month avg vol: 1.68 bln)
Value: RM2.09 bln
Market Breadth: ?:650 ?:207
Crude palm oil: RM2,886 (+RM41)
Dow Futures: 18,643 pts (+111 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.