M+ Online Market Wrap - 22 Dec 22

FBM KLCI: 1,468.35 pts (+5.80pts, +0.40%)

The FBM KLCI (+0.40%) rebounded, snapping its three-session losing streak following the strong rebound on Wall Street overnight. Market breadth turned positive as the advancers led the decliners by 447-to-386 stocks. The healthcare sector (+1.94%) surged as buying momentum remained strong in IHH (+5.0 sen), TOPGLOV (+3.5 sen), and HARTA (+7.0 sen), while the industrial products & services sector (+1.77%) was one of the top performing sectors. 

Top 3 Active stocks:
ASB (1481): RM0.18 (unch)
SERBADK (5279): RM0.01 (unch)

RENEUCO (7130): RM0.30 (+4.5 sen)

Volume: 2.50 bn (100-day avg vol: 2.69 bn)
Value: RM1.33 bn (100-day avg val: RM1.86 bn)
Market Breadth: ⬆️447 ⬇️386
Crude palm oil: RM3,875 (-RM85)

Dow Futures: 33,613 pts (+44 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.