M+ Online Market Wrap - 5 May 22

FBM KLCI: 1,582.98 pts (-17.45pts, -1.09%)

The FBM KLCI (-1.09%) retreated along with most of the regional peers, mainly dragged by banking and telecommunication heavyweights. Market breadth was negative as the decliners trounced the advancers by 628-to-380 stocks. The energy sector (+3.67%) outperformed the negative broader market as HENGYUAN (+72.0 sen), HIBISCS (+8.0 sen), and PETRONM (+48.0 sen) rallied, while the technology sector (-2.41%) was the biggest declining sector.  

Top 3 Active stocks:
PUC (0007): RM0.06 (-1.5 sen)
TAWIN (7097): RM0.135 (-1.5 sen)

PERMAJU (7080): RM0.095 (unch)

Volume: 2.68 bn (100-day avg vol: 3.05 bn)
Value: RM2.38 bn (100-day avg val: RM2.33 bn)
Market Breadth: ⬆380 ⬇628
Crude palm oil: RM6,784 (-RM320)

Dow Futures: 33,802 pts (-167 pts)

Source: Bloomberg, M+ Online

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