FBM KLCI: 1,575.94 pts (+3.33pts, +0.21%)

After two consecutive days of pullback, selling pressure on the FBM KLCI (+0.2%) has stabilised as the key index recovered all its intraday losses. The recovery was largely spurred by the second half gains in glove heavyweights, coupled with selected banking heavyweights. Market breadth turned positive as gainers overtook the losers by a ratio of 608-to-514 stocks. The healthcare sector (+4.8%) returned to the front seat spurred by gains from Supermax (+RM3.08), Top Glove (+RM1.48) and Adventa (+96.0 sen).

Top 3 Active stocks:
MTOUCHE (0092): RM0.11 (+3.5 sen)
AT (0072): RM0.105 (+0.5 sen)
XDL (5156): RM0.065 (+0.5 sen)

Volume: 15.62 bln (100-day avg vol: 7.02 bln)
Value: RM10.45 bln
Market Breadth: ⬆:608 ⬇:514
Crude palm oil: RM2,785 (+RM54)
Dow Futures: 26,503 pts (-55 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.