M+ Online Market Wrap - 12 Nov 21
FBM KLCI: 1,531.22 pts (+12.37pts, +0.81%)
The FBM KLCI (+0.8%) snapped its three-day losing streak to end higher after hovering in the positive territory for the entire trading session, mainly driven by gains in MAYBANK (+11.0 sen) and the glove heavyweights. Market breadth turned positive as the gainers outnumbered the losers by a ratio of nearly 5-to-4. The healthcare sector (+2.3%) was the biggest gainer on the mostly positive broader market as investors piled into recently beaten down glove counters including TOPGLOV (+15.0 sen), HARTA (+21.0 sen), and SUPERMX (+12.0 sen).
Top 3 Active stocks:
DNEX (4456): RM0.84 (+1.0 sen)
AAX (5238): RM0.075 (+1.5 sen)
NWP (5025): RM0.355 (+2.0 sen)
Volume: 3.11 bn (100-day avg vol: 4.47 bn)
Value: 2.62 bn (100-day avg val: 2.87 bn)
Market Breadth: ⬆521 ⬇414
Crude palm oil: RM4,937 (+RM56)
Dow Futures: 35,860 pts (+31 pts)
Source: Bloomberg, M+ Online
The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.
The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.