FBM KLCI: 1,666.54 pts (+13.78pts, +0.83%)

Tracking the positive sentiment on Wall Street overnight, the FBM KLCI (+0.8%) extended its gains to close at its highest level since March 2019. Market breadth turned positive as 474 winners edged 330 losers while 404 stocks traded unchanged. Construction stocks like Gamuda (+5.0 sen), WCT (+4.0 sen) and Gabungan AQRS (+3.0 sen) advanced after the Domestic Trade and Consumer Affairs department clarified that there were no increase in cement prices.

Top 3 Active stocks:
EKOVEST (8877): RM0.845 (+0.5 sen)
IWCITY (1589): RM1.10 (+9.0 sen)

MESTRON (0207): RM0.16 (-0.5 sen)

Volume: 2.42 bln (100-day avg vol: 2.67 bln)
Value: RM2.34 bln
Market Breadth: ⬆:474 ⬇:330
Crude palm oil: RM2,044 (+RM22)

Dow Futures: 26,477 pts (-27 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.