M+ Online Market Wrap - 14Sep21
FBM KLCI: 1,555.51 pts (-14.62pts, -0.93%)
Selling pressure in PMETAL (-23.0 sen) and most of the banking stocks dragged the FBM KLCI (-0.9%) into its fourth session decline amid mixed regional performances and market talks on windfall tax re-emerged. Market breadth remained negative as the losers hammered the gainers by 715-to-339 stocks. The technology sector (+0.8%) was the sole gainer on the negative broader market, powered by gains in D&O (+40.0 sen), GREATEC (+17.0 sen), and FRONTKN (+5.0 sen), while the industrial products & services sector (-1.4%) was the biggest loser.
Top 3 Active stocks:
KANGER (0170): RM0.055 (-0.5 sen)
KNM (7164): RM0.27 (-1.0 sen)
AVI (8885): RM0.145 (-1.0 sen)
Volume: 4.66 bn (100-day avg vol: 5.47 bn)
Value: 3.01 bn (100-day avg val: 3.31 bn)
Market Breadth: ⬆339 ⬇715
Crude palm oil: RM4,347 (+RM29)
Dow Futures: 34,808 pts (+54 pts)
Source: Bloomberg, M+ Online
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Created by mplus313 | Feb 03, 2023
Created by mplus313 | Jan 27, 2023