M+ Online Market Wrap - 2 Nov 21
FBM KLCI: 1,537.63 pts (+6.71pts, +0.44%)
The FBM KLCI (+0.4%) bounced from previous sessions’ losses on the back of bargain hunting activities as bullish sentiment on the Wall Street shrugged off investors’ concerns over proposed Cukai Makmur and contract notes stamp duty. Market breadth turned positive as the gainers outplayed the losers by 629-to-404 stocks. The technology sector (+2.8%) gained traction following the overnight gains in Nasdaq, led by HONGSENG (+30.0 sen), VITROX (+64.0 sen), and INARI (+8.0 sen).
Top 3 Active stocks:
KANGER (0170): RM0.04 (unch)
DNEX (4456): RM0.825 (+5.5 sen)
AAX (5238): RM0.055 (-2.0 sen)
Volume: 3.65 bn (100-day avg vol: 4.62 bn)
Value: 2.71 bn (100-day avg val: 2.94 bn)
Market Breadth: ⬆629 ⬇404
Crude palm oil: RM4,934 (-RM27)
Dow Futures: 35,767 pts (-33 pts)
Source: Bloomberg, M+ Online
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Created by mplus313 | Jun 14, 2022
Created by mplus313 | Jun 10, 2022