FBM KLCI: 1,666.66 pts (+3.00pts, +0.18%)

The FBM KLCI (+0.2%) snapped a three-day losing streak after recovering all its intraday losses, boosted by the eleventh hour buying support in selected index heavyweights. Market breadth, however, stayed negative with 377 winners vs. 470 losers, while 494 stocks traded unchanged. REITs players like KLCC (+8.0 sen), Pavilion REIT (+6.0 sen) and AXIS REIT (+5.0 sen) advanced as expectations over Bank Negara trimming its benchmark interest rates led to increasing demand for high-yield stocks.

Top 3 Active stocks:
BJCORP (3395): RM0.265 (unch)
HIBISCS (5199): RM1.10 (+4.0 sen)

MYEG (0138): RM1.39 (+9.0 sen)

Volume: 2.75 bln (100-day avg vol: 2.38 bln)
Value: RM2.13 bln
Market Breadth: ⬆:377 ⬇:470
Crude palm oil: RM2,163 (-RM9)

Dow Futures: 25,882 pts (-129 pts)

Source: Bloomberg, M+ Online

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