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

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.