M+ Online Market Wrap - 21 Apr 22

FBM KLCI: 1,598.32 pts (+4.57pts, +0.29%)

The FBM KLCI (+0.29%) extended the rally, propelled by strong gains in the banking heavyweights as investors appeared to be optimistic over the sector’s earnings prospect following the reopening of travel borders.  Market breadth remained positive as the gainers outnumbered the losers by 518-to-445 stocks. The energy sector (+1.61%) led gains on the broader market, buoyed by SAPNRG (+0.5 sen), HIBISCS (+3.0 sen), and HENGYUAN (+20.0 sen). 

Top 3 Active stocks:
MNC (0103): RM0.03 (+0.5 sen)
VIZIONE (7070): RM0.105 (+0.5 sen)

SAPNRG (5218): RM0.045 (+0.5 sen)

Volume: 2.85 bn (100-day avg vol: 3.18 bn)
Value: RM2.03 bn (100-day avg val: RM2.46 bn)
Market Breadth: ⬆518 ⬇445
Crude palm oil: RM6,332 (+RM24)

Dow Futures: 35,257 pts (+178 pts)

Source: Bloomberg, M+ Online

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