M+ Online Market Wrap - 3 Nov 22

FBM KLCI: 1,420.38 pts (-31.23pts, -2.15%)

The FBM KLCI plummeted 2.15% in tandem with the regional selldown as investors digested the US Fed’s hawkish stance; 29 out of 30 counters on the FBM KLCI ended lower. Market breadth turned negative as the decliners thumped the advancers by 660-to-238 stocks. All the 13 major sub-indices traded in the negative territory as the healthcare sector (-5.73%) witnessed significant pullback, led by HARTA (-27.0 sen), IHH (-9.0 sen), and TOPGLOV (-9.0 sen). 

Top 3 Active stocks:
TOPGLOV (7113): RM0.72 (-9.0 sen)
ASB (1481): RM0.065 (-0.5 sen)

HEXIND (0161): RM0.625 (-4.0 sen)

Volume: 2.63 bn (100-day avg vol: 2.34 bn)
Value: RM1.89 bn (100-day avg val: RM1.68 bn)
Market Breadth: ⬆️238 ⬇️660
Crude palm oil: RM4,380 (-RM18)

Dow Futures: 32,189 pts (+11 pts)

Source: Bloomberg, M+ Online
 

Disclaimer

The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.

The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.