FBM KLCI: 1,787.58 pts (+4.11pts, +0.23%)

The FBM KLCI extended its gains for the second consecutive session, following positive sentiments spilled over from Wall Street and gains in selected telco heavyweights. Market breadth, however, was negative as losers exceed the winners on a ratio of 497-to-383 stocks. On the other hand, steel-related counters like Ann Joo Resources (-9.0 sen), Southern Steel (-8.0 sen) and Lion Industries (-5.0 sen) succumbed to selling-pressure on Monday's close.

Top 3 Active stocks:
PWORTH (7123): RM0.07 (-0.5 sen)
HIBISCS (5199): RM0.98 (+4.0 sen)

IWCITY (1589): RM0.85 (+8.0 sen)

Volume: 2.29 bln (100-day avg vol: 2.51 bln)
Value: RM2.05 bln
Market Breadth: ⬆:497 ⬇:383
Crude palm oil: RM2,250 (+RM12)

Dow Futures: 25,742 pts (+68 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.