M+ Online Market Wrap - 6Sep21

FBM KLCI: 1,581.59 pts (-7.60pts, -0.48%)

The FBM KLCI (-0.5%) slipped after Friday’s gains as investors took profit on selected banking and Petronas-related companies, bucking the regional uptrend move. Market breadth, however, remained positive as the gainers thumped the losers by 624-to-476 stocks. The technology sector (+2.6%) emerged as the biggest winner on the positive-bias broader market, powered by gains in MPI (+160.0 sen), GENETEC (+128.0 sen), and VITROX (42.0 sen). 

Top 3 Active stocks:
EMICO (9091): RM0.44 (+7.0 sen)
BPURI (5932): RM0.055 (-0.5 sen)

KNM (7164): RM0.29 (+0.5 sen)

Volume: 4.44 bn (100-day avg vol: 5.58 bn)
Value: 2.89 bn (100-day avg val: 3.36 bn)
Market Breadth: ⬆624 ⬇476
Crude palm oil: RM4,357 (+RM47)

Dow Futures: 35,424 pts (+71 pts)

Source: Bloomberg, M+ Online

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