M+ Online Market Wrap - 17 Nov 22

FBM KLCI: 1,449.32 pts (+0.94pts, +0.06%)

The FBM KLCI (+0.06%) ended the shortened trading week with marginal gains after briefly trading in the red as investors stayed on the sidelines ahead of the GE15. Market breadth remained negative as the decliners thumped the advancers by 522-to-315 stocks. Downtrend remained intact in the healthcare sector (-2.88%), with HARTA (-14.0 sen), TOPGLOV (-3.5 sen), and SUPERMX (-4.0 sen) leading the decline. Meanwhile, the technology sector (-2.11%) ended on a negative tone due to selldown in DNEX (-25.0 sen), GREATEC (-11.0 sen), and INARI (-3.0 sen). 

Top 3 Active stocks:
DNEX (4456): RM0.505 (-25.0 sen)
ASB (1481): RM0.125 (+0.5 sen)
TOPGLOV (7113): RM0.925 (-3.5 sen)

Volume: 2.63 bn (100-day avg vol: 2.36 bn)
Value: RM1.85 bn (100-day avg val: RM1.65 bn)
Market Breadth: ⬆️315 ⬇️522
Crude palm oil: RM3,850 (-RM172)

Dow Futures: 33,628 pts (+37 pts)

Source: Bloomberg, M+ Online

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