FBM KLCI: 1,688.77 pts (+1.64pts, +0.10%)
The local index shrugged off the bearish sentiment in the offshore markets to close higher for the day, on the back of last-minute buying-support in selected heavyweights. Market breadth, however, was negative as decliners surpassed the winners by slightly more than two-fold. Top losers on Wednesday include Hai-O Enterprise (-21.0 sen), Supermax (-16.0 sen) and George Kent (-8.0 sen).
Top 3 Active stocks:
SAPNRG (5218): RM0.595 (-1.0 sen)
DGSB (0131): RM0.075 (-1.0 sen)
NOVAMSC (0026): RM0.185 (+0.5 sen)
Volume: 2.08 bln (100-day avg vol: 2.48 bln)
Value: RM2.03 bln
Market Breadth: ⬆:261 ⬇:556
Crude palm oil: RM2,213 (-RM46)
Dow Futures: 24,710 pts (-217 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.