M+ Online Market Wrap - 30 Aug 22

FBM KLCI: 1,512.05 pts (+10.48pts, +0.70%)

The FBM KLCI (+0.70%) climbed as the key index recouped all its intraday losses in the final hour of trading, taking cue from the positive-biased trading tone on the regional markets. Market breadth turned positive as the advancers led the decliners by 453-to-406 stocks. The broader market ended largely in the positive territory, led by the plantation sector (+1.23%) as KLK (+80.0 sen), SIMEPLT (+7.0 sen), and IOICORP (+6.0 sen) trended higher. 

Top 3 Active stocks:
VC (0060): RM0.18 (unch)
MYEG (0138): RM0.80 (+8.5 sen)

MTRONIC (0043): RM0.075 (unch)

Volume: 2.86 bn (100-day avg vol: 2.63 bn)
Value: RM2.72 bn (100-day avg val: RM1.86 bn)
Market Breadth: ⬆️453 ⬇️406
Crude palm oil: RM4,170 (-RM4)

Dow Futures: 32,294 pts (+219 pts)

Source: Bloomberg, M+ Online

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