M+ Online Market Wrap - 13Sep21

FBM KLCI: 1,570.13 pts (-5.84pts, -0.37%)

The FBM KLCI (-0.4%) started the week lower, suffering for the third straight session decline as selling pressure in TOPGLOV (-15.0 sen), IHH (-6.0 sen), and PMETAL (-6.0 sen) weighed on the key index. Market breadth turned negative as the losers thumped the gainers by 669-to-362 stocks. The transportation & logistics sector, however (+0.1%) was the sole gainer on the negative broader market, boosted by gains in TOCEAN (+16.0 sen), AIRPORT (+15.0 sen), and MISC (+4.0 sen). 

Top 3 Active stocks:
KNM (7164): RM0.28 (-2.0 sen)
AVI (8885): RM0.155 (+0.5 sen)

PASUKGB (0177): RM0.115 (+0.5 sen)

Volume: 4.01 bn (100-day avg vol: 5.49 bn)
Value: 2.40 bn (100-day avg val: 3.31 bn)
Market Breadth: ⬆362 ⬇669
Crude palm oil: RM4,308 (+RM30)

Dow Futures: 34,633 pts (+142 pts)

Source: Bloomberg, M+ Online

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Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.