M+ Online Market Wrap - 13 Mar 19

FBM KLCI: 1,678.24 pts (+6.96pts, +0.42%)

The FBM KLCI recovered all its intraday losses to climb higher, boosted by the strong performance in selected banking heavyweights. Market breadth, however, was indifferent with 421 winners vs. 459 losers, while the energy sector (+2.6%) rallied, boosted by Perdana Petroleum (+15.0 sen), Petra Energy (+11.0 sen) and Uzma (+6.5 sen) amid the rising crude oil prices.

Top 3 Active stocks:
SAPNRG (5218): RM0.34 (+1.5 sen)
PERDANA (7108): RM0.45 (+15.0 sen)

KNM (7164): RM0.115 (+1.0 sen)

Volume: 4.00 bln (100-day avg vol: 2.28 bln)
Value: RM2.39 bln
Market Breadth: ⬆:421 ⬇:459
Crude palm oil: RM2,088 (-RM28)

Dow Futures: 25,577 pts (-12 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.