M+ Online Market Wrap - 25 Oct 21

FBM KLCI: 1,587.94 pts (-0.14pts, -0.01%)

The FBM KLCI (-0.01%) extended its losses from the past week after erasing all its intraday gains as optimism from reopening of economic activities faded ahead of the tabling of Budget 2022 this week. Market breadth remained negative as the losers trounced the gainers by 568-to-457 stocks. The technology sector (-0.7%) mirrored the overnight losses in Nasdaq, with HONGSENG (-28.0 sen), MPI (-86.0 sen), and INARI (-4.0 sen) taking the biggest hit. 

Top 3 Active stocks:
DNEX (4456): RM0.77 (+1.5 sen)
AT (0072): RM0.055 (-0.5 sen)

FITTERS (9318): RM0.435 (+2.0 sen)

Volume: 3.88 bn (100-day avg vol: 4.84 bn)
Value: 2.46 bn (100-day avg val: 3.02 bn)
Market Breadth: ⬆457 ⬇568
Crude palm oil: RM5,012 (+RM88)

Dow Futures: 35,566 pts (+9 pts)

Source: Bloomberg, M+ Online

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