M+ Online Market Wrap - 26 Jan 22
FBM KLCI: 1,515.76 pts (+6.85pts, +0.45%)
The FBM KLCI (+0.5%) snapped the seven-session losses and rebounded, bucking the overnight decline on Wall Street as bargain hunting activities appeared on the local bourse. Market breadth turned positive as the gainers overwhelmed the losers by 618-to-254 stocks. The technology sector (+2.41%) outperformed the positive broader market, boosted by GREATEC (+33.0 sen), D&O (+28.0 sen), and DNEX (+8.5 sen), while the plantation sector (-0.50%) was the sole declining sector.
Top 3 Active stocks:
DNEX (4456): RM0.945 (+8.5 sen)
CORAZA (0240): RM0.90 (+9.0 sen)
SMTRACK (0169): RM0.18 (-1.0 sen)
Volume: 2.36 bn (100-day avg vol: 3.71 bn)
Value: RM1.84 bn (100-day avg val: RM2.58 bn)
Market Breadth: ⬆618 ⬇254
Crude palm oil: RM5,331 (+RM49)
Dow Futures: 34,474 pts (+289 pts)
Source: Bloomberg, M+ Online
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