M+ Online Market Wrap - 22 Nov 21

FBM KLCI: 1,526.87 pts (+1.33pts, +0.09%)
The FBM KLCI (+0.1%) eked out marginal gain amidst mixed regional markets following the Melaka state election. Market breadth was however negative as the losers outbeat the gainers by 569-to-373 stocks. The energy sector (-2.3%) was the biggest declining sector on the mixed broader market as selling pressure emerged in DIALOG (-13.0 sen), HIBISCS (-4.0 sen), and SAPNRG (-0.5 sen) on the back of falling crude oil price. Meanwhile, the plantation sector (+1.2%) outperformed as investors could be anticipating solid results amid stronger CPO prices in the upcoming reporting season. 
  
Top 3 Active stocks:
PDZ (6254): RM0.05 (-1.0 sen)
MTRONIC (0043): RM0.015 (-1.0 sen)

SCOPE (0028): RM0.365 (-3.5 sen)

Volume: 2.45 bn (100-day avg vol: 4.30 bn)
Value: 1.99 bn (100-day avg val: 2.81 bn)
Market Breadth: ⬆373 ⬇569
Crude palm oil: RM4,961 (-RM32)

Dow Futures: 35,663 pts (+114 pts)

Source: Bloomberg, M+ Online

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