FX.co ★ Malalysia Stock Market Review

KLCI ended up +0.9% at 1,174.49 led by finance, construction and plantation stocks. The upward movement was propped up by firmer regional bourses and Friday\'s shoot-up of US stock market. Investors were also pleased to hear Fed Chairman that economic situation is stabilizing and use every rebound to enter the market after last week\'s correction. However, the daily volume was moderate that suggests that traders are waiting for quarterly results from big-caps and GDP, while small-cap stock were among leaders today that is discouraging sign.
Among leaders are Jetson +18% at MYR1.44, Maybank +1.4% at MYR6.52, AMMB +1.5% at MYR4.14, Genting +5.8% at MYR6.59, Unisem +8.8% ar MYR 1.74.

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Analyst: Vladimir Donin