FBM KLCI: 1,644.35 pts (+2.54pts, +0.15%)

The FBM KLCI (+0.2%) started off the week on a firm footing as the key index recovered most of its previous session losses, boosted by gains in selected telco heavyweights.  Market breadth turned positive as advancers overcame decliners on a ratio of 500-to-386 stocks, while 383 stocks traded unchanged. The construction sector (+3.5%) rallied, led by gains in Gamuda (+15.0 sen), IJM (+12.0 sen) and Pintaras Jaya (+9.0 sen) after the Penang LRT and Penang Island Link 1 have received approvals and scheduled for construction in June 2020.

Top 3 Active stocks:
SAPNRG (5218): RM0.35 (-0.5 sen)
PWORTH (7123): RM0.075 (+0.5 sen)

DAYANG (5141): RM1.54 (+17.0 sen)

Volume: 3.87 bln (100-day avg vol: 2.43 bln)
Value: RM2.40 bln
Market Breadth: ⬆:500 ⬇:386
Crude palm oil: RM2,206 (-RM18)

Dow Futures: 26,333 pts (-61 pts)

Source: Bloomberg, M+ Online

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