FBM KLCI: 1,655.66 pts (+20.35pts, +1.24%)

The FBM KLCI reversed Tuesday’s losses and closed on an upbeat tone, owing to buying-support in selected blue-chips although gains were capped by the weakness in energy stocks. Market breadth, meanwhile turned positive as winners overturned the losers on a ratio of 502-to-329 stocks. Outperforming stocks, meanwhile, include Genting (+30.0 sen) and Genting Malaysia (+23.0 sen) on optimism arising from the expected opening of Genting theme park in 2019.

Top 3 Active stocks:
SAPNRG (5218): RM0.295 (-0.5 sen)
HIBISCS (5199): RM0.79 (-7.0 sen)

GENM (4715): RM3.06 (+23.0 sen)

Volume: 1.87 bln (100-day avg vol: 2.21 bln)
Value: RM1.89 bln
Market Breadth: ⬆:502 ⬇:329
Crude palm oil: RM2,168 (+RM13)

Dow Futures: 23,741 pts (+132 pts)

Source: Bloomberg, M+ Online

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