FBM KLCI: 1,444.13 pts (+5.17pts, +0.36%)

The FBM KLCI (+0.36%) closed higher inline with the regional markets led by buying interest in plantation heavyweights as investors became more optimistic after positive performance on Wall Street overnight. Market breadth was positive as advancers outnumbered decliners by 439-to-353 stocks. On the broader market, the Plantation Sector (+0.92%) rose underpinned by buying support in KLK (+46.0 sen) and SIMEPLT (+4.0 sen) following the rise in crude palm oil prices. Meanwhile, the Telco & Media sector fell 0.32% due to continued selling pressure in TIMECOM (-10.0 sen) and ASTRO (-2.5 sen). 

Top 3 Active stocks:
MINOX (0288): RM0.370 (+12.0 sen)
KANGER (0170): RM0.120 (+1.0 sen)

SCIB (9237): RM0.520 (+1.0 sen)

Volume: 2.68 bn (100-day avg vol: 3.21 bn)
Value: RM1.92 bn (100-day avg val: RM2.06 bn)
Market Breadth: ⬆️439 ⬇️353
Crude palm oil: RM3,773 (-RM7)

Dow Futures: 34,092 pts (-42 pts)

Source: Bloomberg, M+ Online

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