M+ Online Market Wrap - 28 Dec 22

FBM KLCI: 1,480.11 pts (+5.42pts, +0.37%)

The FBM KLCI (+0.37%) gained momentum in the final trading hour on the back of window dressing activities, buoyed by MAYBANK (+7.0 sen) and telecommunication heavyweights. Market breadth, however remained negative as the decliners was ahead of the advancers by 564-to-367 stocks. The healthcare sector (-2.05%) staged a pullback after recent rallies, led by IHH (-5.0 sen), HARTA (-12.0 sen), and TOPGLOV (-3.0 sen), while the technology sector (-1.11%) tumbled following the overnight slump in Nasdaq. 

Top 3 Active stocks:
TOPGLOV (7113): RM0.895 (-3.0 sen)
CYPARK (5184): RM0.425 (-1.5 sen)

GOB (1147): RM0.26 (-0.5 sen)

Volume: 2.65 bn (100-day avg vol: 2.69 bn)
Value: RM1.82 bn (100-day avg val: RM1.86 bn)
Market Breadth: ⬆️367 ⬇️564
Crude palm oil: RM4,083 (-RM17)

Dow Futures: 33,481 pts (+65 pts)

Source: Bloomberg, M+ Online

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