M+ Online Market Wrap - 16 Nov 21

FBM KLCI: 1,522.89 pts (+0.55pts, +0.04%)

The FBM KLCI (+0.04%) ended almost flat, giving up earlier gains amidst mixed regional markets; the telecommunication heavyweights such as DIGI, MAXIS and TM were the leading members on the key index. Market breadth, however, remained negative as the losers outpaced the gainers by 542-to-392 stocks. The healthcare sector (-1.5 sen) was the biggest declining sector on the broader market as glove shares such as TOPGLOV (-7.0 sen), SUPERMX (-16.0 sen), and KOSSAN (-8.0 sen) fell on the back of profit taking activities. 

Top 3 Active stocks:
PDZ (6254): RM0.075 (-1.0 sen)
KNM (7164): RM0.17 (-1.5 sen)

BRAHIMS (9474): RM0.22 (+3.0 sen)

Volume: 3.15 bn (100-day avg vol: 4.41 bn)
Value: 2.26 bn (100-day avg val: 2.84 bn)
Market Breadth: ⬆392 ⬇542
Crude palm oil: RM4,808 (+RM42)

Dow Futures: 35,973 pts (-36 pts)

Source: Bloomberg, M+ Online

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