M+ Online Market Wrap - 2 Dec 21

FBM KLCI: 1,501.74 pts (+4.81pts, +0.32%)
The FBM KLCI (+0.3%) rebounded to close above the key 1,500 level after a volatile trading session as bargain hunting activities emerged in the final trading hour, but concerns over the Omicron variant still persists. Market breadth remained negative as the losers hammered the gainers by 716-to-272 stocks. The technology sector (-2.4%) extended its losses, mainly dragged by INARI (-23.0 sen), HONGSENG (-14.0 sen), and MYEG (-3.0 sen). 
  
Top 3 Active stocks:
VSOLAR (0066): RM0.015 (-0.5 sen)
VS (6963): RM1.15 (-27.0 sen)

THHEAVY (7206): RM0.015 (-5.0 sen) 

Volume: 3.74 bn (100-day avg vol: 4.19 bn)
Value: 3.06 bn (100-day avg val: 2.86 bn)
Market Breadth: ⬆272 ⬇716
Crude palm oil: RM4,628 (-RM56)

Dow Futures: 34,274 pts (+272 pts)

Source: Bloomberg, M+ Online

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