M+ Online Market Wrap - 7 Dec 21

FBM KLCI: 1,497.97 pts (+14.52pts, +0.98%)
The FBM KLCI (+1.0%) rebounded in tandem with the regional bourses, lifted by gains in PBBANK (+11.0 sen), MAYBANK (+11.0 sen), and AXIATA (+14.0 sen) as worries over Omicron variant faded. Market breadth turned positive as the gainers outplayed the losers by a ratio of nearly 2-to-1. Nevertheless, the healthcare sector (-1.6%) underperformed the positive broader market, weighed by continuous selldown in HARTA (-35.0 sen), TOPGLOV (-7.0 sen), and KPJ (-1.0 sen). 
  
Top 3 Active stocks:
SAPNRG (5218): RM0.05 (-3.0 sen)
KANGER (0170): RM0.02 (-1.0 sen)

BCMALL (0187): RM0.025 (-1.0 sen) 

Volume: 4.29 bn (100-day avg vol: 4.18 bn)
Value: 2.25 bn (100-day avg val: 2.85 bn)
Market Breadth: ⬆645 ⬇320
Crude palm oil: RM4,909 (+RM159)

Dow Futures: 35,495 pts (+283 pts)

Source: Bloomberg, M+ Online

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