M+ Online Market Wrap - 23Sep21

FBM KLCI: 1,539.34 pts (+10.32pts, +0.67%)

The FBM KLCI (+0.7%) rebounded alongside with the calmer global markets conditions; the key index was lifted by bargain hunting activities in selected banking and plantation heavyweights today. Market breadth stayed positive as the gainers overtook the losers on a ratio of 625-to-419 stocks. Amid the mostly positive broader market, the construction sector (+1.7%) rebounded to recoup most of its weekly losses, boosted by GAMUDA (+8.0 sen), SUNCON (+5.0 sen) and IJM (+4.0 sen).

Top 3 Active stocks:
DNEX (4456): RM0.83 (+6.0 sen)
KNM (7164): RM0.23 (unch)

BINTAI (6998): RM0.685 (+3.5 sen)

Volume: 4.74 bn (100-day avg vol: 5.30 bn)
Value: 3.54 bn (100-day avg val: 3.23 bn)
Market Breadth: ⬆625 ⬇419
Crude palm oil: RM4,439 (+RM109)

Dow Futures: 34,390 pts (+261 pts)

Source: Bloomberg, M+ Online

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