FBM KLCI: 1,762.93 pts (+4.97pts, +0.28%)

Tracking the strong close in offshore markets, the FBM KLCI also closed higher after China announced that it will adopt a more vigorous fiscal policy, which includes potential corporate tax cuts to support its economy amid expectations of slower growth and ongoing trade conflicts with Washington. Market breadth was positive still, with 574 advancers against 383 decliners. Meanwhile, notable gainers were semiconductor-related companies like Vitrox (+71.0 sen), Pentamaster (+8.0 sen) and Foundpac Group (+2.5 sen). 

Top 3 Active stocks:
TRIVE (0118): RM0.025 (+0.5 sen)
RGTECH (0202): RM0.53 (+30.0 sen)

MRCB (1651): RM0.78 (+6.0 sen)

Volume: 3.35 bln (100-day avg vol: 2.54 bln)
Value: RM2.68 bln
Market Breadth: ⬆:574 ⬇:383
Crude palm oil: RM2,157 (-RM12)

Dow Futures: 25,117 pts (+84 pts)

Source: Bloomberg, M+ Online

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