M+ Online Market Wrap - 27 Apr 22

FBM KLCI: 1,585.98 pts (-10.70pts, -0.67%)

The FBM KLCI (-0.67%) took a dive, underpinned by selling pressure in industrial products heavyweights, tracking the steep losses on Wall Street overnight. Market breadth was negative as the losers thumped the gainers by 645-to-300 stocks. The sectorial indices closed mostly in the negative territory, with the industrial products & services sector (-1.88%) being the biggest losing sector, dragged by PCHEM (-30.0 sen), PMETAL (-15.0 sen), and HAPSENG (-9.0 sen). 

Top 3 Active stocks:
CHEETAH (7209): RM0.205 (+3.0 sen)
VIZIONE (7070): RM0.105 (+1.0 sen)

TECHNAX (2739): RM0.11 (unch)

Volume: 2.21 bn (100-day avg vol: 3.08 bn)
Value: RM1.90 bn (100-day avg val: RM2.35 bn)
Market Breadth: ⬆300 ⬇645
Crude palm oil: RM6,762 (+RM362)

Dow Futures: 33,477 pts (+317 pts)

Source: Bloomberg, M+ Online

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