M+ Online Market Wrap - 14Sep22

FBM KLCI: 1,468.44 pts (-19.40pts, -1.30%)

The FBM KLCI (-1.30%) tumbled as profit-taking activities accelarated following a steep selldown on Wall Street overnight and tracked the negative sentiment on the  regional markets. Market breadth remained negative as the decliners thumped the advancers by 595-to-256 stocks. All 13 sub-indices on the broader market ended in the negative territory, with technology sector (-1.86%) the worst performing sector, dragged by MYEG (-3.0 sen), VITROX (-21.0 sen), and INARI (-4.0 sen).  

Top 3 Active stocks:
MTRONIC (0043): RM0.02 (-0.5 sen)
VELESTO (5243): RM0.105 (-1.0 sen)

SNS (0259): RM0.30 (+1.0 sen)

Volume: 2.63 bn (100-day avg vol: 2.55 bn)
Value: RM1.63 bn (100-day avg val: RM1.83 bn)
Market Breadth: ⬆️256 ⬇️595
Crude palm oil: RM3,850 (-RM48)

Dow Futures: 31,355 pts (+143 pts)

Source: Bloomberg, M+ Online

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