FBM KLCI: 1,478.64 pts (+11.70pts, +0.80%)

The FBM KLCI (+0.8%) rebounded taking cue from the positive sentiment on Wall Street overnight, coupled with Bank Negara's move to trim the benchmark interest rate by 25 basis points. Market breadth turned positive as winners overtaken the losers on a ratio of 456-to-410 stocks. Energy stocks like Yinson (+11.0%), Dayang (+8.0 sen) and Petron Malaysia (+5.0 sen) advanced on the sharp recovery in crude oil prices.

Top 3 Active stocks:
SAPNRG (5218): RM0.17 (+1.0 sen)
VC (0060): RM0.08 (+2.0 sen)
ARMADA (5210): RM0.31 (unch)

Volume: 3.09 bln (100-day avg vol: 2.73 bln)
Value: RM2.49 bln
Market Breadth: ⬆:456 ⬇:410
Crude palm oil: RM2,368 (+RM47)
Dow Futures: 26,690 pts (+222 pts)

Source: Bloomberg, M+ Online

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