M+ Online Market Wrap - 21 Oct 21

FBM KLCI: 1,591.62 pts (-14.70pts, -0.92%)

The FBM KLCI (-0.9%) settled below the 1,600 psychological level after languishing in the negative territory for almost the entire trading session as profit taking activities accelerated especially in MAYBANK (-11.0 sen), AXIATA (-14.0 sen) and TOPGLOV (-13.0 sen). Market breadth remained negative as the losers overruled the gainers by 753-to-349 stocks. The broader market finished mostly in red, led by the telecommunications & media sector (-2.1%) with AXIATA (-14.0 sen), MAXIS (-5.0 sen), and DIGI (-5.0 sen) taking the biggest hit. 

Top 3 Active stocks:
KANGER (0170): RM0.05 (unch)
SERBADK (5279): RM0.37 (-1.0 sen)

SUPERMX (7106): RM2.05 (-20.0 sen)

Volume: 3.86 bn (100-day avg vol: 4.94 bn)
Value: 3.48 bn (100-day avg val: 3.08 bn)
Market Breadth: ⬆349 ⬇753
Crude palm oil: RM4,992 (-RM79)

Dow Futures: 35,367 pts (-110 pts)

Source: Bloomberg, M+ Online

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