*M+ Online Market Wrap – 10 Dec 21*

*FBM KLCI: 1488.88 pts (-12.91pts, -0.86%)*

The FBM KLCI (-0.9%) ended below the critical 1,500 support level on the back of regional weakness and negative Wall Street's performance. Market breadth turned negative as the losers outpaced the gainers by 594-to-278 stocks. The REITs (+0.02%) was the sole gainer on the negative broader market, while the healthcare sector (-3.7%) took the biggest hit due to selldown in glove manufacturers such as TOPGLOV (-25.0 sen), HARTA (-32.0 sen), and KOSSAN (-16.0 sen) following weaker results from TOPGLOV. 

*Top 3 Active stocks:*
MGRC (0155): RM0.785 (-3.5 sen)
AT (0072): RM0.045 (unch)

PERMAJU (7080): RM0.05 (-1.0 sen)

Volume: 2.61 bn (100-day avg vol: 4.14bn)
Value: 1.74 bn (100-day avg val: RM2.83bn)
Market Breadth: ⬆278 ⬇594
Crude palm oil: RM4800 (+RM20)

Dow Futures:  35,802 pts (+49 pts)

Source: Bloomberg, M+ Online

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