M+ Online Market Wrap - 13 Oct 22

FBM KLCI: 1,373.36 pts (-7.21pts, -0.52%)

The FBM KLCI (-0.52%) notched a 5-day losing streak as the key index hit fresh 52-week low, dragged by selected banking and telecommunication heavyweights. Market breadth remained negative as the decliners hammered the advancers by 521-to-321 stocks. The healthcare sector (+3.35), however outperformed the broader market as the sole gaining sector on the back of buying interest in IHH (+6.0 sen), TOPGLOV (+5.5 sen), and HARTA (+11.0 sen). Meanwhile, the telecommunications & media sector (-2.32%) plummeted. 

Top 3 Active stocks:
TOPGLOV (7113): RM0.69 (+5.5 sen)
MYEG (0138): RM0.79 (-9.0 sen)

CITAGLB (7245): RM0.27 (-1.5 sen)

Volume: 2.03 bn (100-day avg vol: 2.40 bn)
Value: RM1.69 bn (100-day avg val: RM1.75 bn)
Market Breadth: ⬆️321 ⬇️521
Crude palm oil: RM3,678 (-RM58)

Dow Futures: 29,408 pts (+147 pts)

Source: Bloomberg, M+ Online

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