M+ Online Market Wrap - 19Sep22

FBM KLCI: 1,451.52 pts (-15.79pts, -1.08%)

The FBM KLCI (-1.08%) plunged amid the widespread bearish sentiment across regional markets following Wall Street’s decline. Market breadth remained negative as the advancers trounced the decliners by 706-to-217 stocks. The broader market was traded in a negative undertone with the healthcare sector (-3.19%) taking the hardest hit due to persistent selldown in IHH (-16.0 sen), TOPGLOV (-6.0 sen), and HARTA (-11.0 sen). On the other hand, the plantation sector (+0.23%) was the sole advancing sector. 

Top 3 Active stocks:
TOPGLOV (7113): RM0.705 (-6.0 sen)
MTRONIC (0043): RM0.02 (unch)

SNS (0259): RM0.295 (-0.5 sen)

Volume: 2.19 bn (100-day avg vol: 2.55 bn)
Value: RM1.76 bn (100-day avg val: RM1.85 bn)
Market Breadth: ⬆️217 ⬇️706
Crude palm oil: RM3,696 (-RM87)

Dow Futures: 30,694 pts (-228 pts)

Source: Bloomberg, M+ Online

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