M+ Online Market Wrap - 3 Nov 21

FBM KLCI: 1,531.33 pts (-6.30pts, -0.41%)

The FBM KLCI (-0.4%) surrendered previous session’s gains as investors took profit after BNM kept the interest unchanged and trading activities were slower ahead of the Deepavali holiday tomorrow. Market breadth turned negative as the losers outplayed the gainers on a ratio of nearly 2-to-1. The broader market was largely negative with the energy sector (-1.4%) taking the biggest hit, dragged by DIALOG (-2.0 sen), ARMADA (-1.5 sen), and HIBISCS (-4.0 sen), followed by the technology sector (-1.2%). 

Top 3 Active stocks:
NWP (5025): RM0.30 (+6.0 sen)
DNEX (4456): RM0.785 (-4.0 sen)

AAX (5238): RM0.045 (-1.0 sen)

Volume: 3.42 bn (100-day avg vol: 4.60 bn)
Value: 2.35 bn (100-day avg val: 2.92 bn)
Market Breadth: ⬆322 ⬇647
Crude palm oil: RM5,048 (+RM78)

Dow Futures: 35,935 pts (-3 pts)

Source: Bloomberg, M+ Online

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