M+ Online Market Wrap - 28 Oct 21

FBM KLCI: 1,566.86 pts (-16.22pts, -1.02%)

The FBM KLCI (-1.0%) was firmly lower in the negative territory for the entire trading session and it has below the SMA200 level as investors’ sentiment remained cautious amid the pullback in the regional markets. Market breadth remained negative as the losers hammered the gainers by 624-to-422 stocks. The property sector (+2.4%), however, outperformed the negative broader market, led by ECOWLD (+14.5 sen), SPSETIA (+6.0 sen), SIMEPROP (+2.5 sen).

Top 3 Active stocks:
KANGER (0170): RM0.045 (-1.0 sen)
BENALEC (5190): RM0.155 (+1.0 sen)

SCIB (9237): RM0.23 (-6.0 sen)

Volume: 4.05 bn (100-day avg vol: 4.73 bn)
Value: 2.73 bn (100-day avg val: 2.97 bn)
Market Breadth: ⬆422 ⬇624
Crude palm oil: RM4,916 (-RM50)

Dow Futures: 35,410 pts (+21 pts)

Source: Bloomberg, M+ Online

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