M+ Online Market Wrap - 23Sep22

FBM KLCI: 1,424.98 pts (-14.18pts, -0.99%)

The FBM KLCI (-0.99%) plunged along with the regional peers as persistent risk-off sentiment pulled the key index deep into the negative territory. Market breadth remained negative as the decliners thumped the advancers by 540-to-278 stocks. The broader market was painted in red as all 13 major sub-indices ended lower with the technology sector (-1.26%) leading the pack, dragged by D&O (-12.0 sen), INARI (-3.0 sen), and UWC (-8.0 sen). 

Top 3 Active stocks:
TOPGLOV (7113): RM0.65 (+2.0 sen)
SAPNRG (5218): RM0.04 (unch)

VELESTO (5243): RM0.13 (+0.5 sen)

Volume: 1.84 bn (100-day avg vol: 2.52 bn)
Value: RM1.57 bn (100-day avg val: RM1.82 bn)
Market Breadth: ⬆️278 ⬇️540
Crude palm oil: RM3,770 (-RM56)

Dow Futures: 29,969 pts (-180 pts)

Source: Bloomberg, M+ Online

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