FBM KLCI: 1,810.87 pts (+12.76pts, +0.71%)

The FBM KLCI closed higher on Thursday, lifted by buying-interest in selected telco and banking heavyweights even as the new sets of U.S. and China tariffs take effect.  Market breadth also improved as winners beat the losers marginally on a ratio of 485-to-419 stocks. Notable gainers, meanwhile include rubber gloves players like Top Glove (+24.0 sen), Supermax (+16.0 sen) and Kossan Rubber (+5.0 sen) on positive growth prospects.

Top 3 Active stocks:
MYEG (0138): RM1.39 (+8.0 sen)
SAPNRG (5218): RM0.595 (+0.5 sen)

HIBISCS (5199): RM1.02 (+4.0 sen)

Volume: 2.25 bln (100-day avg vol: 2.52 bln)
Value: RM2.46 bln
Market Breadth: ⬆:485 ⬇:419
Crude palm oil: RM2,221 (-RM20)

Dow Futures: 25,733 pts (+16 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.