M+ Online Market Wrap - 28Sep21
FBM KLCI: 1,546.82 pts (+13.77pts, +0.90%)
The FBM KLCI (+0.9%) reversed morning session's losses and ended in the positive territory as PCHEM (+39.0 sen) led the key index’s rally amid firmer crude oil price that climbed above USD80 per barrel mark. Market breadth, however, remained negative as the losers overpowered the gainers by 593-to-463 stocks. The energy sector was the biggest advancing sector on the mixed broader market, underpinned by gains in DIALOG (+9.0 sen), YINSON (+40.0 sen), and ARMADA (+2.0 sen) as the sector surged in tandem with the crude oil price.
Top 3 Active stocks:
FINTEC (0150): RM0.015 (-0.5 sen)
PHB (4464): RM0.01 (-0.5 sen)
KNM (7164): RM0.25 (+0.5 sen)
Volume: 5.45 bn (100-day avg vol: 5.22 bn)
Value: 3.29 bn (100-day avg val: 3.18 bn)
Market Breadth: ⬆463 ⬇593
Crude palm oil: RM4,460 (+RM66)
Dow Futures: 34,640 pts (-103 pts)
Source: Bloomberg, M+ Online
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Created by mplus313 | Aug 11, 2022