M+ Online Market Wrap - 24 Aug 20

FBM KLCI: 1,568.58 pts (-8.54pts, -0.54%)

The FBM KLCI (-0.5%) started off the week on a dour note after lingering mostly in the negative territory as the key index underperformed the mostly positive regional peers. Market breadth stayed positive as gainers outpaced the losers by a ratio of 645-to-504 stocks. The healthcare sector (+3.4%) emerged as the strongest performer amongst its peers boosted by gains from Pharmaniaga (+94.0 sen), Duopharma (+38.0 sen) and Apex Healthcare (+35.0 sen)

Top 3 Active stocks:
IRIS (0010): RM0.40 (+2.0 sen)
XOX (0165): RM0.235 (+2.5 sen)

BIOHLDG (0179): RM0.325 (+4.5 sen)

Volume: 9.95 bln (100-day avg vol: 8.38 bln)
Value: RM5.77 bln
Market Breadth: ⬆:645 ⬇:504
Crude palm oil: RM2,691 (+RM10)

Dow Futures: 28,074 pts (+215 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.