M+ Online Market Wrap - 28 Apr 22

FBM KLCI: 1,597.31 pts (+11.33pts, +0.71%)

The FBM KLCI (+0.71%) rebounded strongly in line with the positive-biased regional bourses on the back of renewed buying interest in most heavyweights led by PCHEM (+18.0 sen). Market breadth turned positive as the advancers overpowered the decliners by 584-to-354 stocks. On the broader market, investors raced to buy the beaten up technology sector (+2.01%); leading stocks include INARI (+8.0 sen), MPI (+94.0 sen), and UNISEM (+11.0 sen) as the US index futures are showing positive moves at this juncture.  

Top 3 Active stocks:
MNHLDG (0245): RM0.235 (+2.5 sen)
TECHNAX (2739): RM0.12 (+1.0 sen)

ANZO (9342): RM0.015 (-2.0 sen)

Volume: 2.49 bn (100-day avg vol: 3.07 bn)
Value: RM2.19 bn (100-day avg val: RM2.35 bn)
Market Breadth: ⬆584 ⬇354
Crude palm oil: RM6,909 (-RM78)

Dow Futures: 33,580 pts (+354 pts)

Source: Bloomberg, M+ Online

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