FBM KLCI: 1,459.03 pts (+9.45pts, +0.65%)

The FBM KLCI (+0.65%) closed higher for the session, and surpassed the 1,450 psychological level as buying pressure picked up within selected heavyweights like PCHEM (+26.0 sen) and KLK (+160.0 sen). Market breadth was positive with advancers led decliners by a ratio of 7-to-5. On the broader market, the Construction sector gained the most, rising 3.54%, led by GAMUDA (+22.0 sen) and IJM (+10.0 sen). Meanwhile, the Energy sector added 1.41% as buying interest was noticed within YINSON (+4.0 sen) and DIALOG (+2.0 sen) on the back of firmer Brent oil prices above USD93. 

Top 3 Active stocks:
SAPNRG (5218): RM0.055 (-0.5 sen)
YTLPOWR (6742): RM2.08 (unch)

HONGSENG (0041): RM0.045 (-0.5 sen)

Volume: 4.02 bn (100-day avg vol: 3.13 bn)
Value: RM4.31 bn (100-day avg val: RM1.95 bn)
Market Breadth: ⬆️550 ⬇️387
Crude palm oil: RM3,791 (+RM30)

Dow Futures: 35,341 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.