FBM KLCI: 1,530.35 pts (+10.92pts, +0.72%)
Tracking the gains on Wall Street overnight, coupled with the higher commodity prices, the FBM KLCI ended the week on a buoyant mode after trending sharply higher in the second half of the trading session. Market breadth turned positive as gainers outpaced the losers on a ratio of 718-to-307 stocks. The broader market closed mostly higher, led by the energy sector (+1.0%) on gains from Heng Yuan (+3.0 sen), Petra Energy (+2.0 sen) and Carimin (+1.5 sen) due to the higher crude oil prices.
Top 3 Active stocks:
ASB (1481): RM0.265 (+4.5 sen)
MUIIND (3891): RM0.14 (unch)
PMHLDG (1287): RM0.185 (+4.0 sen)
Volume: 6.61 bln (100-day avg vol: 9.20 bln)
Value: RM2.89 bln
Market Breadth: ⬆:718 ⬇:307
Crude palm oil: RM2,944 (+RM56)
Dow Futures: 28,411 pts (+101 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.