FBM KLCI: 1,531. pts (+18.88pts, +1.25%)
The FBM KLCI (+1.3%) extended its upward momentum for the third straight session, mainly boosted by gains in selected glove and banking heavyweights, coupled with the solid retail sales and industrial production data from China. Market breadth stayed positive as gainers outpaced losers on a ratio of 648-to-480 stocks. The broader market was mostly positive with the exception of the REIT sector (-0.3%) as gains were evident in healthcare stocks like Hartalega (+RM1.10), Kossan (+60.0 sen) and Pharmaniaga (+21.0 sen).
Top 3 Active stocks:
PARKSON (5657): RM0.180 (-1.0 sen)
HIAPTEK (5072): RM0.235 (+1.0 sen)
ANZO (9342): RM0.14 (+5.0 sen)
Volume: 8.85 bln (100-day avg vol: 9.13 bln)
Value: RM5.45 bln
Market Breadth: ⬆:648 ⬇:480
Crude palm oil: RM2,918 (+RM26)
Dow Futures: 27,998 pts (+127 pts)
Source: Bloomberg, M+ Online
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