M+ Online Market Wrap - 26 Nov 21

FBM KLCI: 1,512.22 pts (-5.38pts, -0.35%)
The FBM KLCI (-0.4%) marked its fourth session losses as the key index tracked the negative momentum across the regional peers while investors kept an eye on rising Malaysia’s inflation and daily Covid-19 cases as well as the new Covid-19 variant found in South Africa. Market breadth remained negative as the losers hammered the gainers by 993-to-194 stocks; there were 11 (out of 13) declining sectors. The healthcare sector (+4.2%), however, outperformed as buying interest emerged in glove manufacturers such as TOPGLOV (+39.0 sen), HARTA (+52.0 sen), and SUPERMX (+24.0 sen) following the emergence of the new Covid-19 variant.
  
Top 3 Active stocks:
VSOLAR (0066): RM0.015 (unch)
BORNOIL (7036): RM0.025 (unch)

DNEX (4456): RM0.815 (-4.0 sen)

Volume: 4.90 bn (100-day avg vol: 4.23 bn)
Value: 3.48 bn (100-day avg val: 2.80 bn)
Market Breadth: ⬆194 ⬇993
Crude palm oil: RM4,857 (-RM70)

Dow Futures: 34,897 pts (-852 pts)

Source: Bloomberg, M+ Online

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