FBM KLCI: 1,785.81 pts (+8.68pts, +0.49%)

The FBM KLCI extended its winning streak for the second consecutive session, boosted by buying-support in banking titans like Maybank and CIMB, as well as the slight recovery in crude oil prices. Market breadth was positive with 597 winners against 357 losers, while 435 stocks flatlined. Meanwhile, property counters like Sime Darby Property (+12.0 sen), SP Setia (+8.0 sen) and Yong Tai (+8.0 sen) rallied on expectations of less stringent banking requirements for first-time homebuyers.

Top 3 Active stocks:
SAPNRG (5218): RM0.635 (-1.5 sen)
BARAKAH (7251): RM0.22 (+9.5 sen)

MYEG (0138): RM0.78 (-2.0 sen)

Volume: 4.06 bln (100-day avg vol: 2.90 bln)
Value: RM3.25 bln
Market Breadth: ?:597 ?:357
Crude palm oil: RM2,390 (-RM4)

Dow Futures: 25,201 pts (+45 pts)

Source: Bloomberg, M+ Online

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