FBM KLCI: 1,753.07 pts (+15.79pts, +0.91%)
The FBM KLCI extended its winning streak for the eighth-straight sessions, largely due to gains in telco giants like Axiata and Telekom Malaysia, as well as the positive sentiments spilled over from Wall Street overnight. Market breadth was bullish as winners beat losers by slightly more than two-fold, while notable gainers were steel-linked manufacturers like Ann Joo Resources (+9.0 sen), Malaysia Steel Works (+5.0 sen) and Southern Steel (+5.0 sen) amid rising steel prices.
Top 3 Active stocks:
REVENUE (0200): RM0.625 (+25.5 sen)
PWORTH (7123): RM0.090 (+1.5 sen)
SAPNRG (5281): RM0.60 (+0.5 sen)
Volume: 2.63 bln (100-day avg vol: 2.52 bln)
Value: RM2.18 bln
Market Breadth: ⬆:594 ⬇:295
Crude palm oil: RM2,198 (+RM27)
Dow Futures: 25,123 pts (+17 pts)
Source: Bloomberg, M+ Online
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