FBM KLCI: 1,611.38 pts (+8.88pts, +0.55%)
The FBM KLCI shrugged off the downbeat sentiment in the offshore markets and closed higher, boosted by strong gains in energy prices following rising U.S.-Iran tensions. Market breadth was mildly bullish as winners trounced the losers, while 393 stocks closed unchanged. Notable gainers on Friday were construction stocks - led by Gamuda (+17.0 sen), IJM (+7.0 sen) and Gabungan AQRS (+4.0 sen).
Top 3 Active stocks:
SAPNRG (5218): RM0.275 (unch)
MELEWAR (3778): RM0.32 (+1.0 sen)
VELESTO (5243): RM0.385 (unch)
Volume: 3.58 bln (100-day avg vol: 2.35 bln)
Value: RM2.36 bln
Market Breadth: ⬆:492 ⬇:447
Crude palm oil: RM3,120 (-RM10)
Dow Futures: 28,591 pts (-250 pts)
Source: Bloomberg, M+ Online
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