M+ Online Market Wrap - 3Sep21

FBM KLCI: 1,589.19 pts (+7.00pts, +0.44%)

The FBM KLCI (+0.4%) ended higher after flipping between the positive and negative territories; bargain hunting picked up steam in the final trading hour on selected banking, plantation, shipping and Petronas-related stocks. Market breadth turned positive as the gainers overpowered the losers by 631-to-399 stocks. Meanwhile, 11 of the 13 major sectors of the broader indices closed in the green, led by 1.5% rise in the transportation & logistics sector; TOCEAN (+21.0 sen), AIRPORT (+20.0 sen), and MISC (+10.0 sen) were some of the leaders in the sector.  

Top 3 Active stocks:
KNM (7164): RM0.285 (+1.0 sen)
BORNOIL (7036): RM0.03 (unch)

SERBADK (5279): RM0.405 (-0.5 sen)

Volume: 4.25 bn (100-day avg vol: 5.60 bn)
Value: 2.88 bn (100-day avg val: 3.36 bn)
Market Breadth: ⬆631 ⬇399
Crude palm oil: RM4,310 (+RM69)

Dow Futures: 35,472 pts (+48 pts)

Source: Bloomberg, M+ Online

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