M+ Online Market Wrap - 7 Feb 22

FBM KLCI: 1,530.65 pts (+7.89pts, +0.52%)

The FBM KLCI (+0.5%) rebounded from the previous session losses, mainly lifted by gains in healthcare and Hong Leong related heavyweights. Market breadth remained positive as the gainers thumped the losers by 539-to-383 stocks. The healthcare sector (+3.25%) outperformed the broader market, as TOPGLOV (+18.0 sen), HARTA (+23.0 sen), and KPJ (+6.0 sen) gained traction amid surging Covid-19 daily cases on the local front under the Omicron wave.  

Top 3 Active stocks:
SMTRACK (0169): RM0.185 (+1.0 sen)
KANGER (0170): RM0.03 (+1.0 sen)

DNEX (4456): RM0.97 (-4.0 sen)

Volume: 3.08 bn (100-day avg vol: 3.57 bn)
Value: RM2.30 bn (100-day avg val: RM2.50 bn)
Market Breadth: ⬆539 ⬇383
Crude palm oil: RM5,515 (-RM102)

Dow Futures: 34,860 pts (-118 pts)

Source: Bloomberg, M+ Online

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