M+ Online Market Wrap - 28 Mar 22

FBM KLCI: 1,597.95 pts (-5.35pts, -0.33%)

The FBM KLCI (-0.33%) snapped its three-day winning streak and declined below the key 1,600 level on the back of profit taking activities. Market breadth turned negative as the losers outpaced the gainers by 582-to-393 stocks. The broader market was mostly in the red, with the technology sector (-2.52%) taking the heaviest beat after Nasdaq turned lower overnight; laggards include INARI (-10.0 sen), MPI (-142.0 sen), and D&O (-20.0 sen).  

Top 3 Active stocks:
BSLCORP (7221): RM0.185 (-1.5 sen)
TANCO (2429): RM0.32 (+8.0 sen)

HEXIND (0161): RM0.32 (+2.5 sen)

Volume: 2.40 bn (100-day avg vol: 3.20 bn)
Value: RM1.89 bn (100-day avg val: RM2.51 bn)
Market Breadth: ⬆393 ⬇582
Crude palm oil: RM5,997 (-RM30)

Dow Futures: 34,771 pts (+12 pts)

Source: Bloomberg, M+ Online

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