FBM KLCI: 1,500.97 pts (+6.54pts, +0.44%)

The FBM KLCI (+0.4%) extended its gains taking cue from the positive sentiment on Wall Street overnight as the recovery was also induced by the stronger-than-expected China's NBS manufacturing data that rose to 50.9 in June 2020. Market breadth turned positive as gainers outpaced the losers on a ratio of 554-to-388 stocks. The broader market was mostly positive led by the energy sector (+2.3%) on gains from Yinson (+10.0 sen), Coastal Contracts (+7.0 sen) and Serba Dinamik (+6.0 sen) as Brent oil prices stay afloat of US$40 per barrel.

Top 3 Active stocks:
AT (0072): RM0.105 (-3.5 sen)
SAPNRG (5218): RM0.095 (+0.5 sen)

VSOLAR (0066): RM0.065 (-0.5 sen)

Volume: 5.35 bln (100-day avg vol: 5.36 bln)
Value: RM3.74 bln
Market Breadth: ⬆:554 ⬇:388
Crude palm oil: RM2,312 (-RM29)

Dow Futures: 25,344 pts (-153 pts)

Source: Bloomberg, M+ Online

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