M+ Online Market Wrap - 19 Nov 21

FBM KLCI: 1,525.54 pts (+1.75pts, +0.11%)
The FBM KLCI (+0.1%) staged a mild rebound as persistent selldown in glove counters was cushioned by a rally in the telecommunication heavyweights while investors could be anticipating the 5G roll-out in the near future. Market breadth was almost even with gainers and losers on a ratio of nearly 1-to-1. The energy sector (+1.1%) led the mixed broader market on gains from ARMADA (+3.0 sen), HIBISCS (+3.0 sen), and VELESTO (+0.5 sen). Meanwhile, the technology counters (+0.9%) gained traction after Nasdaq marked its record high position. 
  
Top 3 Active stocks:
PDZ (6254): RM0.06 (-0.5 sen)
AIRASIA (5099): RM1.05 (-8.0 sen)

KNM (7164): RM0.17 (-1.0 sen)

Volume: 2.67 bn (100-day avg vol: 4.33 bn)
Value: 2.01 bn (100-day avg val: 2.82 bn)
Market Breadth: ⬆474 ⬇450
Crude palm oil: RM5,029 (+RM31)

Dow Futures: 35,923 pts (+112 pts)

Source: Bloomberg, M+ Online

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