M+ Online Market Wrap - 7Sep21

FBM KLCI: 1,583.48 pts (+1.89pts, +0.12%)

The FBM KLCI (+0.1%) finished with marginal gains as investors were more optimistic over the reopening of broad economic activities amid increasing vaccination rate, mirroring the extended gains on regional markets. Market breadth remained positive as the gainers hammered the losers by 633-to-439 stocks. The broader market was trading marginally positive, with the energy sector (+1.9%) taking the lead, powered by gains in YINSON (+8.0 sen), PETRONM (+4.0 sen), and WASEONG (+3.5 sen). This was followed by the property sector (+1.9%). 

Top 3 Active stocks:
KNM (7164): RM0.315 (+2.5 sen)
PHB (4464): RM0.015 (unch)

AEM (7146): RM0.045 (unch)

Volume: 4.75 bn (100-day avg vol: 5.55 bn)
Value: 2.89 bn (100-day avg val: 3.35 bn)
Market Breadth: ⬆633 ⬇439
Crude palm oil: RM4,375 (+RM44)

Dow Futures: 35,348 pts (-5 pts)

Source: Bloomberg, M+ Online

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