M+ Online Market Wrap - 26 Aug 20

FBM KLCI: 1,549.58 pts (-5.38pts, -0.35%)

It was another soft performance on the FBM KLCI (-0.4%) as the key index recorded its third straight losing streak after hovering mostly in the negative territory. Market breadth turned positive as gainers overrule the losers by a ratio of 706-to-424 stocks. On the broader market, the technology sector (+1.3%) emerged as the biggest winner on gains from UWC (+20.0 sen), Unisem (+14.0 sen) and MI Technovation (+13.0 sen)

Top 3 Active stocks:
DIGISTA (0029): RM0.175 (+8.0 sen)
XOX (0165): RM0.295 (+4.5 sen)

GPA (7096): RM0.26 (+9.5 sen)

Volume: 12.12 bln (100-day avg vol: 8.53 bln)
Value: RM6.18 bln
Market Breadth: ⬆:706 ⬇:424
Crude palm oil: RM2,632 (+RM17)

Dow Futures: 28,161 pts (-32 pts)

Source: Bloomberg, M+ Online

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