M+ Online Market Wrap - 20 Aug 21
FBM KLCI: 1,518.03 pts (+3.08pts, +0.20%)
The FBM KLCI (+0.2%) rebounded to close higher for the week after taking a breather in the previous session, buoyed by optimism over the further relaxation on SOPs under NRP Phase 1 states. Market breadth turned positive as the gainers outnumbered the losers by 488-to-418 stocks. The construction sector (+1.1%) was the biggest advancer on the positive broader market, led by MERCURY (+11.0 sen), PEB (+10.0 sen), and AME (+4.0 sen), while the industrial products & services sector (-0.3%) was the sole decliner.
Top 3 Active stocks
KNM (7164): RM0.23 (+1.5 sen)
ASB (1481): RM0.19 (+2.0 sen)
AVI (8885): RM0.18 (-2.0 sen)
Volume: 3.68 bn (100-day avg vol: 5.82 bn)
Value: 1.89 bn (100-day avg val: 3.41 bn)
Market Breadth: ⬆️488 ⬇️418
Crude palm oil: RM4,255 (+RM17)
Dow Futures: 34,726 pts (-92 pts)
Source: Bloomberg, M+ Online
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