FBM KLCI: 1,623.67 pts (+9.10pts, +0.56%)
The FBM KLCI remained on an upward trajectory as investors shrugged off the negative sentiment in global equities and closed higher, boosted by gains in Tenaga Nasional. Market breadth was positive as winners trounced the losers on a ratio of 436-to-404 stocks. On the downside, consumer products-related companies like Padini (-36.0 sen), QL Resources (-22.0 sen) and Guan Chong (-5.0 sen) like retreated on Wednesday's close.
Top 3 Active stocks:
EKOVEST (8877): RM0.775 (+4.5 sen)
ARMADA (5210): RM0.20 (+0.5 sen)
IWCITY (1589): RM0.82 (+9.5 sen)
Volume: 1.95 bln (100-day avg vol: 2.73 bln)
Value: RM1.83 bln
Market Breadth: ⬆:436 ⬇:404
Crude palm oil: RM2,106 (+RM40)
Dow Futures: 25,204 pts (-165 pts)
Source: Bloomberg, M+ Online
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