M+ Online Market Wrap - 7 Nov 22

FBM KLCI: 1,442.12 pts (+3.84pts, +0.27%)

The FBM KLCI (+0.27%) ended a volatile session higher as investors position themselves within the telecommunication counters prior to GE15 as the sector are considered apolitical. Market breadth was neutral with the advance-decline ratio at approximately 1-1. The broader market remained largely upbeat as the property sector (+1.44%) gained momentum, led by SPSETIA (+5.5 sen), IOIPG (+3.0 sen), and SIMEPROP (+1.5 sen). On the other hand, the transportation & logistics (-1.42%) sector lost ground. 

Top 3 Active stocks:
ASB (1481): RM0.09 (+2.5 sen)
TWL (7079): RM0.03 (-0.5 sen)

TANCO (2429): RM0.44 (+3.0 sen)

Volume: 2.80 bn (100-day avg vol: 2.34 bn)
Value: RM1.65 bn (100-day avg val: RM1.68 bn)
Market Breadth: ⬆️441 ⬇️438
Crude palm oil: RM4,428 (+RM61)

Dow Futures: 32,525 pts (+97 pts)

Source: Bloomberg, M+ Online

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