FBM KLCI: 1,597.98 pts (+17.98pts, +1.14%)
The FBM KLCI jumped on Thursday; posting its third consecutive win, lifted by strong gains in selected banking stocks following lower U.S. interest rates, as well as potential portfolio re-balancing activities. Market breadth was positive with 539 winners against 307 decliners, while notable index outperformers include Public Bank (+90.0 sen), CIMB (+16.0 sen) and Maybank (+13.0 sen).
Top 3 Active stocks:
ARMADA (5210): RM0.45 (+3.0 sen)
VELESTO (5243): RM0.355 (-0.5 sen)
MYEG (0138): RM1.14 (+8.0 sen)
Volume: 2.95 bln (100-day avg vol: 2.33 bln)
Value: RM2.70 bln
Market Breadth: ⬆:539 ⬇:307
Crude palm oil: RM2,506 (+RM10)
Dow Futures: 27,159 pts (+27 pts)
Source: Bloomberg, M+ Online
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