M+ Online Market Wrap - 14 Nov 22

FBM KLCI: 1,464.00 pts (-4.21pts, -0.29%)

Mirroring the negative-biased sentiment across the regional bourses, the FBM KLCI (-0.29%) staged a mild pullback as investors were staying on the sidelines prior to the GE15. Market breadth turned negative as the decliners outnumbered the advancers by 445-to-431 stocks. Meanwhile, the healthcare sector outperformed the mixed broader market, powered by persisted buying interest in the glove counters led by TOPGLOV (+6.0 sen), HARTA (+5.0 sen), and SUPERMX (+3.5 sen). 

Top 3 Active stocks:
ASB (1481): RM0.14 (+0.5 sen)
TOPGLOV (7113): RM1.02 (+6.0 sen)

TECHNAX (2739): RM0.03 (+0.5 sen)

Volume: 2.80 bn (100-day avg vol: 2.36 bn)
Value: RM1.57 bn (100-day avg val: RM1.66 bn)
Market Breadth: ⬆️431 ⬇️445
Crude palm oil: RM4,130 (-RM157)

Dow Futures: 33,682 pts (-81 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.