FBM KLCI: 1,526.32 pts (+8.61pts, +0.57%)

The FBM KLCI (+0.6%) extended its gains after overcoming a choppy trading session supported by selected telco heavyweights and Genting-related heavyweights; the latter on the back of cost cutting measures announced. Market breadth stayed positive as gainers outnumbered the losers on a ratio of 563-to-439 stocks. The technology sector (+1.9%) outperformed the broader market led by gains in UWC (+11.0 sen), VSTECS (+11.0 sen) and MI Technovation (+9.0 sen).

Top 3 Active stocks:
MTOUCHE (0092): RM0.08 (+1.0 sen)
AT (0072): RM0.13 (-1.5 sen)

NETX (0020): RM0.01 (unch)

Volume: 7.55 bln (100-day avg vol: 5.01 bln)
Value: RM3.82 bln
Market Breadth: ⬆:563 ⬇:439
Crude palm oil: RM2,375 (+RM19)

Dow Futures: 26,402 pts (+209 pts)

Source: Bloomberg, M+ Online

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