FBM KLCI: 1,324.50 pts (+33.36pts, +2.58%)
Tracking the historic rally on Wall Street overnight stemmed by the optimism over the massive stimulus measures, the FBM KLCI (+2.6%) extended its' gains as market sentiment turned upbeat on Wednesday. Market breadth stayed positive as winners outpaced the losers on a ratio of 641-to-267 stocks. The energy sector (+5.4%) outperformed on the broader market, supported by Yinson Holdings (+27.0 sen), Dialog Group (+15.0 sen) and Dayang Enterprise (+12.0 sen).
Top 3 Active stocks:
HIBISCS (5199: RM0.33 (+2.0 sen)
ARMADA (5210): RM0.135 (+1.0 sen)
VELESTO (5243): RM0.11 (+0.5 sen)
Volume: 4.33 bln (100-day avg vol: 2.97 bln)
Value: RM2.83 bln
Market Breadth: ⬆:641 ⬇:267
Crude palm oil: RM2,412 (+RM59)
Dow Futures: 21,237 pts (+629 pts)
Source: Bloomberg, M+ Online
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