M+ Online Market Wrap - 2 Jun 22

FBM KLCI: 1,549.90 pts (-3.51pts, -0.23%)
The FBM KLCI (-0.23%) drifted lower in tandem with most of the regional peers as fears over global inflation continued to rattle investors' confidence. Market breadth was negative as the decliners outnumbered the advancers by 481-to-423 stocks. The energy sector (-2.72%) tumbled as DIALOG (-6.0 sen), YINSON (-7.0 sen), and SAPNRG (-1.0 sen) were the lagging members within the segment, while the technology sector (+0.85%) outperformed the mixed broader market. 
 
Top 3 Active stocks:
SAPNRG (5218): RM0.06 (-1.0 sen)
MNC (0103): RM0.015 (-0.5 sen)

TOPGLOV (7113): RM1.26 (-11.0 sen)

Volume: 2.49 bn (100-day avg vol: 3.15 bn)
Value: RM1.90 bn (100-day avg val: RM2.45 bn)
Market Breadth: ⬆423 ⬇481
Crude palm oil: RM6,534 (+RM178)

Dow Futures: 32,917 pts (+119 pts)

Source: Bloomberg, M+ Online

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