FBM KLCI: 1,583.50 pts (+16.78pts, +1.07%)

The FBM KLCI (+1.1%) resumed the positive momentum as the local bourse recovered all its previous session losses as the key index is now a hair away from recovering all the YTD losses. Market breadth turned positive as gainers override the losers on the ratio of 687-to-369 stocks. The telecommunications & media sector (+4.7%) outperformed on gains from Green Packet (+16.0 sen), Maxis (+12.0 sen) and TimedotCom (+10.0 sen).

Top 3 Active stocks:
PDZ (6254): RM0.205 (+11.5 sen)
IRIS (0010): RM0.29 (+3.0 sen)
EDUSPEC (0107): RM0.02 (unch)

Volume: 11.81 bln (100-day avg vol: 5.67 bln)
Value: RM4.36 bln
Market Breadth: ⬆:687 ⬇:369
Crude palm oil: RM2,404 (+RM45)
Dow Futures: 25,819 pts (+49 pts)

Source: Bloomberg, M+ Online

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