M+ Online Market Wrap - 10 Nov 21
FBM KLCI: 1,520.74 pts (-3.29pts, -0.22%)
The FBM KLCI (-0.2%) remained downbeat, mirroring the weakness across Wall Street overnight and selling pressure was noticed in selected banking, plantation and gloves heavyweights. Market breadth stayed negative as the losers outnumbered the gainers by a ratio of 5-to-4. Meanwhile, the property sector (-0.6%) emerged as the biggest loser on the mostly negative broader market, dragged down by YNHPROP (-11.0 sen), CVIEW (-7.0 sen) and IOIPG (-5.0 sen) on the back of profit taking activities following the significant rally last month. At the other end, the energy sector (+0.4%) was the biggest winner amid the higher crude oil prices.
Top 3 Active stocks:
KNM (7164): RM0.19 (-1.5 sen)
EDUSPEC (0107): RM0.015 (unch)
SCOPE (0028): RM0.445 (+4.5 sen)
Volume: 3.43 bn (100-day avg vol: 4.49 bn)
Value: 2.32 bn (100-day avg val: 2.89 bn)
Market Breadth: ⬆428 ⬇502
Crude palm oil: RM4,930 (+RM138)
Dow Futures: 36,137 pts (-72 pts)
Source: Bloomberg, M+ Online
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Created by mplus313 | Jun 14, 2022
Created by mplus313 | Jun 10, 2022