M+ Online Market Wrap - 28Sep22

FBM KLCI: 1,401.89 pts (-8.98pts, -0.64%)

The FBM KLCI (-0.64%) extended its losing streak and breached below its 52-week low at 1,410, mirroring the weak global market trends. Market breadth turned negative as the decliners hammered the advancers by 644-to-233 stocks. Meanwhile, all the 13 major indices were down as the energy sector gave up all its gains yesterday, led by DIALOG (-13.0 sen), ARMADA (-2.0 sen), and HENGYUAN (-15.0 sen), followed by the plantation sector (-1.84%). 

Top 3 Active stocks:
PTRB (0260): RM0.415 (+4.5 sen)
TOPGLOV (7113): RM0.59 (-2.0 sen)

SERBADK (5279): RM0.025 (unch)

Volume: 2.14 bn (100-day avg vol: 2.51 bn)
Value: RM2.06 bn (100-day avg val: RM1.81 bn)
Market Breadth: ⬆️233 ⬇️644
Crude palm oil: RM3,258 (-RM265)

Dow Futures: 28,904 pts (-299 pts)

Source: Bloomberg, M+ Online

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