M+ Online Market Wrap - 21 Oct 22

FBM KLCI: 1,446.42 pts (+8.70pts, +0.61%)

The FBM KLCI (+0.61%) marched higher for the sixth straight session as uptrend movement in PCHEM and banking heavyweights remained intact. Market breadth was positive with the gainers outnumbered the decliners by 400-to-388 stocks. The transportation & logistics sector (+1.33%) soared, led by MISC (+13.0 sen), AIRPORT (+11.0 sen), and HEXTECH (+90.0 sen), while the healthcare sector (-1.03%) staged a pullback. 

Top 3 Active stocks:
EDUSPEC (0107): RM0.02 (+0.5 sen)
TAWIN (7097): RM0.055 (unch)

HEXIND (0161): RM0.545 (+2.5 sen)

Volume: 1.99 bn (100-day avg vol: 2.36 bn)
Value: RM1.51 bn (100-day avg val: RM1.74 bn)
Market Breadth: ⬆️400 ⬇️388
Crude palm oil: RM4,089 (-RM7)

Dow Futures: 30,217 pts (-136 pts)

Source: Bloomberg, M+ Online

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