FBM KLCI: 1,350.89 pts (+22.01pts, +1.66%)

Market sentiment turned upbeat as the FBM KLCI (+1.7%) recovered all its' previous session losses amid the positive sentiment on Wall Street overnight, coupled with the unexpectedly strong China’s PMI manufacturing data in March 2020 that rose to 52.0. Market breadth turned positive as winner overcame the losers on a ratio of 708-to-185 stocks. The REIT sector (-0.4%) was the sole decliner on the broader market, dragged down by KLCC (-8.0 sen), Al-Salam REIT (-4.0 sen) and Sunway REIT (-4.0 sen).

Top 3 Active stocks:
ARMADA (5120): RM0.135 (+0.5 sen)
SAPNRG (5218): RM0.08 (+0.5 sen)

HIBISCS (5199): RM0.34 (+2.5 sen)

Volume: 3.52 bln (100-day avg vol: 3.00 bln)
Value: RM2.88 bln
Market Breadth: ⬆:708 ⬇:185
Crude palm oil: RM2,411 (-RM30)

Dow Futures: 22,343 pts (+176 pts)

Source: Bloomberg, M+ Online

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