M+ Online Market Wrap - 5 Oct 21

FBM KLCI: 1,530.42 pts (+7.95pts, +0.52%)

The FBM KLCI (+0.5%) snapped 3-session decline and ended higher, underpinned by gains in MISC (+17.0 sen), TOPGLOV (+9.0 sen), and DIALOG (+13.0 sen). Market breadth, however, remained negative as the losers outpaced the gainers by 515-to-469 stocks. On the mixed broader market, the energy sector (+4.3%) rallied  on the back of the firmer crude oil price trading above USD81 per barrel mark, powered by DIALOG (+13.0 sen), YINSON (+53.0 sen), and ARMADA (+2.0 sen), while the technology sector (-0.7%) closed lower following Nasdaq’s tumble overnight. 

Top 3 Active stocks:
KNM (7164): RM0.24 (+0.5 sen)
SAPNRG (5218): RM0.10 (unch)

KANGER (0170): RM0.055 (+0.5 sen)

Volume: 3.97 bn (100-day avg vol: 5.08 bn)
Value: 2.69 bn (100-day avg val: 3.12 bn)
Market Breadth: ⬆469 ⬇515
Crude palm oil: RM4,726 (+RM143)

Dow Futures: 33,994 pts (+124 pts)

Source: Bloomberg, M+ Online

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