M+ Online Market Wrap - 27 Oct 21
FBM KLCI: 1,583.08 pts (-1.12pts, -0.07%)
The FBM KLCI (-0.1%) ended lower for the fifth session as gains faded in afternoon trade, mirroring the negative sentiment across regional markets on the back of resurfaced US-China tensions as well as concerns over the property market in China. Market breadth remained negative as the losers beat the gainers by 632-to-386 stocks. Meanwhile, the energy sector (-1.1%) underperformed the mixed broader market, dragged by SAPNRG (-0.5 sen), YINSON (-7.0 sen), and DIALOG (-1.0 sen).
Top 3 Active stocks:
VC (0060): RM0.08 (-2.0 sen)
KNM (7164): RM0.20 (-1.5 sen)
MTRONIC (0043): RM0.025 (unch)
Volume: 4.02 bn (100-day avg vol: 4.76 bn)
Value: 2.50 bn (100-day avg val: 2.99 bn)
Market Breadth: ⬆386 ⬇632
Crude palm oil: RM4,976 (-RM36)
Dow Futures: 35,601 pts (-43 pts)
Source: Bloomberg, M+ Online
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