M+ Online Market Wrap - 20Sep22

FBM KLCI: 1,461.10 pts (+9.58pts, +0.66%)

The FBM KLCI (+0.66%) started the week with notable gains, buoyed by broad-based bargain hunting activities following a four-session decline in the past week. Market breadth turned positive as the advancers outpaced the decliners by 415-to-385 stocks. The transportation & logistics sector (+1.06%) led gains on the positive broader market, underpinned by gains in AIRPORT (+7.0 sen), SYSCORP (+8.0 sen), and GDEX (+0.5 sen), while the energy sector (-0.45%) was the sole declining sector. 

Top 3 Active stocks:
BORNOIL (7036): RM0.03 (+0.5 sen)
TOPGLOV (7113): RM0.705 (unch)

SNS (0259): RM0.27 (-2.5 sen)

Volume: 2.12 bn (100-day avg vol: 2.54 bn)
Value: RM1.65 bn (100-day avg val: RM1.84 bn)
Market Breadth: ⬆️415 ⬇️385
Crude palm oil: RM3,742 (+RM42)

Dow Futures: 31,096 pts (-21 pts)

Source: Bloomberg, M+ Online

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.