M+ Online Market Wrap - 15 Nov 21

FBM KLCI: 1,522.34 pts (-8.88pts, -0.58%)

The FBM KLCI (-0.6%) retreated as the key index succumbed to profit taking activities in selected heavyweights led by MAXIS (-15.0 sen), SIMEPLT (-13.0 sen), and IOICORP (-12.0 sen) that outweighed the rally in healthcare related counters. Market breadth turned negative as the losers hammered the gainers by 656-to-361 stocks. Meanwhile, the plantation sector underperformed the mostly negative broader market, dragged by SIMEPLT (-13.0 sen), IOICORP (-12.0 sen), and KLK (-48.0 sen) as the CPO price remained in the consolidation mode. 

Top 3 Active stocks:
MMAG (0034): RM0.10 (+0.5 sen)
DNEX (4456): RM0.855 (+1.5 sen)

PDZ (6254): RM0.085 (-4.0 sen)

Volume: 3.48 bn (100-day avg vol: 4.44 bn)
Value: 2.33 bn (100-day avg val: 2.86 bn)
Market Breadth: ⬆361 ⬇656
Crude palm oil: RM4,988 (+RM53)

Dow Futures: 36,079 pts (+66 pts)

Source: Bloomberg, M+ Online

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