FBM KLCI: 1,682.23 pts (+6.80pts, +0.41%)
The FBM KLCI (+0.41%) closed positively after lingering at the marginal lines throughout the day, with a spike in buying momentum from Petronas Chemicals towards the end of the day. Market breadth is positive where 474 winners outweighed 338 losers while 403 stocks traded unchanged. Plantation stocks such as Sime Darby Plantation (+18.0 sen), FGV Holdings (+3.0 sen) and United Plantations (+2.8 sen) regained momentum today following concerns over US soyoil yields due to unfavourable weather.
Top 3 Active stocks:
IWCITY (1589): RM1.10 (+6.0 sen)
EKOVEST (8877): RM0.855 (+1.0 sen)
MESTRON (0207): RM0.15 (-0.5 sen)
Volume: 2.22 bln (100-day avg vol: 2.65 bln)
Value: RM3.05 bln
Market Breadth: ⬆:474 ⬇:338
Crude palm oil: RM2,034 (+RM11)
Dow Futures: 26,743 pts (-31 pts)
Source: Bloomberg, M+ Online
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