M+ Online Market Wrap - 8 Nov 21

FBM KLCI: 1,535.41 pts (+3.68pts, +0.24%)

The FBM KLCI (+0.2%) extended its upward move from the past week as investors took cue from the positive performance on Wall Street; PETDAG (+88.0 sen) led the gains amid reopening of economic activities. Market breadth, however, remained negative as the losers pipped the gainers by 571-to-415 stocks. The energy sector (+2.1%) outperformed the mixed broader market on the back of higher crude oil price, powered by gains in DIALOG (+9.0 sen), ARMADA (+2.5 sen), and HIBISCS (+4.5 sen). 

Top 3 Active stocks:
ECOMATE (0239): RM0.485 (+15.5 sen)
KANGER (0170): RM0.035 (unch)

NWP (5025): RM0.34 (+2.0 sen)

Volume: 3.10 bn (100-day avg vol: 4.56 bn)
Value: 2.13 bn (100-day avg val: 2.91 bn)
Market Breadth: ⬆415 ⬇571
Crude palm oil: RM4,874 (-RM6)

Dow Futures: 36,286 pts (+71 pts)

Source: Bloomberg, M+ Online

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