M+ Online Market Wrap - 12 Oct 22

FBM KLCI: 1,380.57 pts (-6.25pts, -0.45%)

The FBM KLCI (-0.45%) ended lower in the absence of fresh catalyst as concern over uncertainties ahead of GE15 as well as the potential global recession persisted. Market breadth remained negative as the decliners outpaced the advancers by 490-to-344 stocks. The technology sector (-3.14%) took a hit on the negative broader market as selldown was noticed in UWC (-45.0 sen), INARI (-10.0 sen), and VITROX (-37.0 sen). 

Top 3 Active stocks:
CITAGLB (7245): RM0.285 (+3.5 sen)
TOPGLOV (7113): RM0.635 (+1.0 sen)

PRIVA (0123): RM0.12 (+1.0 sen)

Volume: 1.85 bn (100-day avg vol: 2.41 bn)
Value: RM1.56 bn (100-day avg val: RM1.76 bn)
Market Breadth: ⬆️344 ⬇️490
Crude palm oil: RM3,701 (+RM9)

Dow Futures: 29,442 pts (+176 pts)

Source: Bloomberg, M+ Online

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