FBM KLCI: 1,788.89 pts (+3.32pts, +0.19%)
The FBM KLCI finished the week on a positive note, as investors digested the expected victory of Theresa May in the U.K. election, although she failed to gain parliamentary majority. Market breadth turned positive with 476 winners-to-396 losers, while 382 stocks flatlined. Meanwhile, ACE-counters like Ideal Jacobs (+6.0 sen), Mikro Msc (+4.5 sen) and Oceancash (+3.5 sen) rallied.
Top 3 Active stocks:
FRONTKN (0128): RM0.32 (+0.5 sen)
ASIABIO (0150): RM0.18 (-1.0 sen)
HUBLINE (7013): RM0.065 (+0.5 sen)
Volume: 1.91 bln (100-day avg vol: 3.00 bln)
Value: RM2.22 bln
Market Breadth: ?:476 ?:396
Crude palm oil: RM2,454 (+RM10)
Dow Futures: 21,171 pts (+37 pts)
Source: Bloomberg, M+ Online
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