M+ Online Market Wrap - 15Sep22

FBM KLCI: 1,467.31 pts (-1.13pts, -0.08%)

The FBM KLCI (-0.08%) pared gains and finished with marginal losses as market sentiment remained fragile ahead of the US Fed’s meeting next week. Market breadth remained negative as the decliners led the advancers by 415-to-379 stocks. The energy sector (+2.60%) advanced, underpinned by gains in DIALOG (+9.0 sen), ARMADA (+2.0 sen), and VELESTO (+1.0 sen), while the plantation sector (-1.25%) tumbled. 

Top 3 Active stocks:
SNS (0259): RM0.30 (unch)
VELESTO (5243): RM0.115 (+1.0 sen)

MTRONIC (0043): RM0.02 (unch)

Volume: 2.62 bn (100-day avg vol: 2.56 bn)
Value: RM2.67 bn (100-day avg val: RM1.83 bn)
Market Breadth: ⬆️379 ⬇️415
Crude palm oil: RM3,751 (-RM105)

Dow Futures: 31,282 pts (+31 pts)

Source: Bloomberg, M+ Online

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