M+ Online Market Wrap - 17 Dec 21

FBM KLCI: 1,502.01 pts (+17.37pts, +1.17%)

Bucking the regional benchmark following the selloff on Wall Street, the FBM KLCI (+1.2%) extended its gains for the third straight session to close above the critical 1,500 level on gains from selected heavyweights led by TENAGA (+27.0 sen). Market breadth was almost even with the gainers and losers on a 1-to-1 ratio. The healthcare sector (+2.5%) rallied as investors piled into glove stocks such as TOPGLOV (+12.0 sen), HARTA (+22.0 sen), and SUPERMX (+15.0 sen). 

Top 3 Active stocks:
SAPNRG (5218): RM0.045 (-0.5 sen)
ATAIMS (8176): RM0.68 (unch)

PERMAJU (7080): RM0.04 (unch) 

Volume: 2.81 bn (100-day avg vol: 4.02 bn)
Value: 2.74 bn (100-day avg val: 2.76 bn)
Market Breadth: ⬆425 ⬇434
Crude palm oil: RM4,432 (+RM33)

Dow Futures: 35,772 pts (-19 pts)

Source: Bloomberg, M+ Online

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