FBM KLCI: 1,591.48 pts (+1.87pts, +0.12%)

The FBM KLCI (+0.1%) managed to hold onto its gains after delivering a lacklustre performance; trading in a tight range after the key index recovered all its intraday losses on the back of gains in gloves heavyweights. Market breadth turned positive as gainers overcame the losers by a ratio of 582-to-505 stocks. All healthcare sector (+4.9%) staged a strong recovery from the two-day pullback, lifted by gains from Kossan (+RM2.90), Hartalega (+62.0 sen) and Top Glove (+44.0 sen).

Top 3 Active stocks:
XOX (0165): RM0.245 (+6.5 sen)
IRIS (0010): RM0.325 (+3.0 sen)
PDZ (6254): RM0.16 (+1.0 sen)

Volume: 11.61 bln (100-day avg vol: 6.54 bln)
Value: RM6.23 bln
Market Breadth: ⬆:582 ⬇:505
Crude palm oil: RM2,694 (-RM84)
Dow Futures: 26,406 pts (+84 pts)

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.