M+ Online Market Wrap - 1 Jun 22

FBM KLCI: 1,553.41 pts (-16.69pts, -1.06%)
The FBM KLCI (-1.1%) reversed as profit taking activities took place following the (i) MSCI index rebalancing and (ii) full swing of the reporting season that has concluded yesterday. Overall momentum was weaker in today's session with only the consumer, property and transportation & logistics sectors bucking the broader market trend. Market breadth however, was slightly positive with gainers to losers ratio stood at 10-to-9. Some notable gainers within the consumer sector include GENTING (+49.0 sen), BJFOOD (+11.0 sen) and PWROOT (+9.0 sen)
 
Top 3 Active stocks:
SAPNRG (5218): RM0.070 (-1.5 sen)
GENTING (3182): RM5.24 (+49.0 sen)

YONGTAI (7066): RM0.10 (-0.5 sen)

Volume: 2.57 bn (100-day avg vol: 3.15 bn)
Value: RM2.49 bn (100-day avg val: RM2.44 bn)
Market Breadth: ⬆508 ⬇450
Crude palm oil: RM6,365 (+RM61)

Dow Futures: 33,117 pts (+146 pts)

Source: Bloomberg, M+ Online

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