M+ Online Market Wrap - 26 Oct 21

FBM KLCI: 1,584.20 pts (-3.74pts, -0.24%)

The FBM KLCI (-0.2%) declined for the fourth consecutive session as selling pressure persisted without any fresh catalysts to boost the appetite in the market ahead of the Budget 2022. Market breadth remained negative as the losers overwhelmed the gainers by 589-to-419 stocks. The broader market traded with negative bias with the healthcare sector (-1.6%) taking the biggest hit as glove shares came under pressure, led by HARTA (-30.0 sen), TOPGLOV (-4.0 sen), and KOSSAN (-11.0 sen). 

Top 3 Active stocks:
KGROUP (0036): RM0.03 (+0.5 sen)
GUH (3247): RM0.72 (+8.0 sen)

VC (0060): RM0.10 (+0.5 sen)

Volume: 3.83 bn (100-day avg vol: 4.81 bn)
Value: 2.37 bn (100-day avg val: 3.01 bn)
Market Breadth: ⬆419 ⬇589
Crude palm oil: RM4,970 (+RM1)

Dow Futures: 35,718 pts (+98 pts)

Source: Bloomberg, M+ Online

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