M+ Online Market Wrap - 20 May 22

FBM KLCI: 1,549.12 pts (-0.29pts, -0.02%)

The FBM KLCI (-0.02%) closed marginally lower as final hour selldown in selected banking and commodity related heavyweights wiped out all its intraday gains. Market breadth, however turned positive as the gainers thumped the losers by 593-to-318 stocks. Firm crude oil price lifted the energy sector (+2.59%), with DIALOG (+5.0 sen), YINSON (+10.0 sen), and KNM (+2.5 sen) leading the gains. 

Top 3 Active stocks:
SERBADK (5279): RM0.135 (-1.0 sen)
KNM (7164): RM0.20 (+2.5 sen)

TECHNAX (2739): RM0.055 (unch)

Volume: 2.39 bn (100-day avg vol: 3.09 bn)
Value: RM1.99 bn (100-day avg val: RM2.37 bn)
Market Breadth: ⬆593 ⬇318
Crude palm oil: RM6,103 (+RM31)

Dow Futures: 31,515 pts (+313 pts)

Source: Bloomberg, M+ Online

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