FBM KLCI: 1,639.07 pts (+4.20pts, +0.26%)

The FBM KLCI bucked the prevailing negative market sentiment and stronger Greenback, closing higher as investors digested the U.S. Federal Reserve's latest rate cut and strong gains in Tenaga and Press Metal. Market breadth remained lacklustre with 483 losers vs 349 winners. Meanwhile, Lotte Chemical (-4.0 sen), Petronas Chemical (-2.0 sen) and Luxchem (-0.5 sen) extended their losses amid weak petrochemical prices.

Top 3 Active stocks:
NETX (0020): RM0.015 (unch)
PWORTH (7123): RM0.07 (+0.5 sen)

ARBB (7181): RM0.47 (+3.0 sen)

Volume: 2.45 bln (100-day avg vol: 2.67 bln)
Value: RM2.02 bln
Market Breadth: ⬆:349 ⬇:483
Crude palm oil: RM2,061 (-RM9)

Dow Futures: 26,913 pts (+58 pts)

Source: Bloomberg, M+ Online

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