M+ Online Market Wrap - 13 Apr 22

FBM KLCI: 1,597.18 pts (+0.05pts, +0.00%)

The FBM KLCI (+0.0%) pared the earlier gains and closed flat amid mixed regional markets. Market breadth was positive as the gainers outnumbered the losers by 505-to-394 stocks. The broader market ended largely in the green on the back of bargain hunting activities, with the technology sector (+1.35%) taking the lead, underpinned by gains in HONGSENG (+9.0 sen), FRONTKN (+12.0 sen), and DNEX (+4.0 sen). Meanwhile, the energy sector (+1.24%) gained momentum with the rebound in Brent oil price.

Top 3 Active stocks:
VC (0060): RM0.17 (-2.5 sen)
VIZIONE (7070): RM0.105 (unch)

ATAIMS (8176): RM0.48 (-5.0 sen)

Volume: 3.55 bn (100-day avg vol: 3.19 bn)
Value: RM2.24 bn (100-day avg val: RM2.47 bn)
Market Breadth: ⬆505 ⬇394
Crude palm oil: RM6,150 (-RM27)

Dow Futures: 34,335 pts (+196 pts)

Source: Bloomberg, M+ Online

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