FBM KLCI: 1,830.17 pts (+10.35pts, +0.57%)

The FBM KLCI climbed higher, on the back of buying-interests in telco heavyweights despite low trading volume ahead of the Chinese New Year holiday celebrations. Market breadth was uninteresting as 484 losers edged 453 winners. Meanwhile, semicon players like Inari (-13.0 sen), Unisem (-12.0 sen) and Pentamaster (-8.0 sen) was downward pressured on Monday.

Top 3 Active stocks:
PUC (0007): RM0.24 (+1.0 sen)
UMWOG (5243): RM0.305 (unch)

GPACKET (0082): RM0.48 (-1.5 sen)

Volume: 1.80 bln (100-day avg vol: 2.98 bln)
Value: RM2.27 bln
Market Breadth: ?:453 ?:484
Crude palm oil: RM2,554 (+RM40)

Dow Futures: 24,517 pts (+350 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.