M+ Online Market Wrap - 11 Oct 21

FBM KLCI: 1,570.82 pts (+6.92pts, +0.44%)

The FBM KLCI (+0.4%) started the week on an upbeat mode as the market sentiment stayed positive on the back of brighter economic prospects following the upliftment of interstate and overseas travels. The key index was lifted by gains in the banking heavyweights led by MAYBANK (+11.0 sen) and CIMB (+10.0 sen). Market breadth was positive as the gainers beat the losers by 737-to-401 stocks. Meanwihle, the energy sector extended its rally amid a surge in crude oil price amid higher demand due to the restart of economic activities globally; DIALOG (+4.0 sen), ARMADA (+3.5 sen), and COASTAL (+30.0 sen) were the top gainers in the sector. 

Top 3 Active stocks:
SERBADK (5279): RM0.405 (+4.0 sen)
KNM (7164): RM0.23 (+0.5 sen)

BORNOIL (7036): RM0.03 (unch)

Volume: 6.90 bn (100-day avg vol: 5.08 bn)
Value: 3.87 bn (100-day avg val: 3.10 bn)
Market Breadth: ⬆737 ⬇401
Crude palm oil: RM4,969 (+RM3)

Dow Futures: 34,544 pts (-82 pts)

Source: Bloomberg, M+ Online

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