FBM KLCI: 1,341.69 pts (+11.04pts, +0.83%)

Buying support stemmed from the additional stimulus package announced by the Malaysian Government sent the FBM KLCI (+0.8%) higher on Monday as the key index recovered all its' intraday losses. Market breadth turned positive as advancers thumped the decliners on a ratio of 783-to-183 stocks. The energy sector (+4.3%) was traded sharply higher, led by Petron Malaysia (+17.0 sen), Heng Yuan (+14.0 sen) and Uzma (+10.0 sen) in anticipation that Saudi Arabia and Russia may come into a consensus for production cut later this week.

Top 3 Active stocks:
HIBISCS (5199): RM0.51 (+6.0 sen)
SAPNRG (5218): RM0.105 (+1.0 sen)

LAMBO (0018): RM0.01 (unch)

Volume: 5.99 bln (100-day avg vol: 3.11 bln)
Value: RM2.61 bln
Market Breadth: ⬆:738 ⬇:183
Crude palm oil: RM2,256 (+RM11)

Dow Futures: 21,727 pts (+770 pts)

Source: Bloomberg, M+ Online

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