M+ Online Market Wrap - 24Sep21

FBM KLCI: 1,532.06 pts (-7.28pts, -0.47%)

The FBM KLCI (-0.5%) finished the week in red as persistent uncertainties on regional markets amid Evergrande debt worries weighed on market sentiment; the key index was mainly dragged by selldown in TENAGA and selected banking heavyweights. Market breadth turned negative as the losers outnumbered the gainers by 561-to-425 stocks. The utilities sector (-1.1%) underperformed the mixed broader market, extending its recent downward trend, mainly due to losses in TENAGA (-13.0 sen), followed by YTL (-0.5 sen), and RANHILL (-4.0 sen). 

Top 3 Active stocks:
PASUKGB (0177): RM0.06 (-0.5 sen)
DNEX (4456): RM0.81 (-2.0 sen)

KAB (0193): RM0.41 (+1.5 sen)

Volume: 4.79 bn (100-day avg vol: 5.26 bn)
Value: 3.35 bn (100-day avg val: 3.23 bn)
Market Breadth: ⬆425 ⬇561
Crude palm oil: RM4,444 (-RM3)

Dow Futures: 34,570 pts (-74 pts)

Source: Bloomberg, M+ Online

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