FBM KLCI: 1,871.46 pts (+11.38pts, +0.61%)

The FBM KLCI (+0.6%) outperformed its regional peers, closing higher on Wednesday, mainly on the back of gains in Hong Leong-affiliated companies. Market breadth was still tepid as decliners beat advancers by 120 stocks, while 416 stocks flatlined. Steel-related manufacturers like Leon Fuat (+5.0 sen), Lion Industries (+3.0 sen) and Press Metal (+2.0 sen) rallied on Tuesday.

Top 3 Active stocks:
NETX (0020): RM0.04 (unch)
KBUNAI (3115): RM0.08 (+1.0 sen)

DGB (0152): RM0.175 (-1.0 sen)

Volume: 2.76 bln (100-day avg vol: 2.96 bln)
Value: RM2.89 bln
Market Breadth: ?:443 ?:563
Crude palm oil: RM2,537 (-RM3)

Dow Futures: 25,716 pts (-42 pts)

Source: Bloomberg, M+ Online

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