FBM KLCI: 1,575.16 pts (+18.83pts, +1.21%)
The FBM KLCI (+1.2%) started off the week on a buoyant manner as the key index play catch-up with gains across global markets as investors digested a slew of measures announced under the Short Term Economic Recovery Plan. Market breadth turned positive as gainers outnumbered the losers on a ratio of 779-to-328 stocks. With all 13 major sectors in the green, the consumer products and services sector (+2.5%) emerged as the biggest winner on gains from Fraser & Neave (+68.0 sen), Genting (+38.0 sen) and Euro Holdings (+24.0 sen).
Top 3 Active stocks:
EDUSPEC (0107): RM0.02 (-0.5 sen)
AAX (5238): RM0.125 (+2.0 sen)
AIRASIA (5099): RM1.05 (+18.5 sen)
Volume: 9.10 bln (100-day avg vol: 4.76 bln)
Value: RM6.21 bln
Market Breadth: ⬆:779 ⬇:328
Crude palm oil: RM2,387 (+RM39)
Dow Futures: 27,204 pts (-323 pts)
Source: Bloomberg, M+ Online
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