M+ Online Market Wrap - 6 May 22

FBM KLCI: 1,564.34 pts (-18.64pts, -1.18%)

The FBM KLCI (-1.18%) extended losses amidst negative regional markets, tracking the negative performances on Wall Street overnight. Market breadth remained negative as the decliners thumped the advancers by 768-to-274 stocks. The broader market was largely in the negative territory with REITs (+0.05%) being the only positive sector, while the plantation sector (-2.63%) fell in tandem with the FCPO price, dragged by SIMEPLT (-18.0 sen), IOICORP (-16.0 sen), and KLK (-90.0 sen). 

Top 3 Active stocks:
XOX (0165): RM0.015 (-0.5 sen)
AT (0072): RM0.015 (unch)

TECHNAX (2739): RM0.12 (unch)

Volume: 3.11 bn (100-day avg vol: 3.04 bn)
Value: RM2.44 bn (100-day avg val: RM2.33 bn)
Market Breadth: ⬆274 ⬇768
Crude palm oil: RM6,450 (-RM302)

Dow Futures: 32,819 pts (-91 pts)

Source: Bloomberg, M+ Online

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