M+ Online Market Wrap - 3 Jan 23

FBM KLCI: 1,473.99 pts (-21.50pts, -1.44%)

The FBM KLCI (-1.44%) traded the entire session in the negative territory as investors took profit following the recent gains during the window dressing period. Market breadth was negative as the decliners outpaced the advancers by 494-to-386 stocks. The transportation & logistics (+2.27%) jumped, underpinned by gains in HEXTECH (+278.0 sen), GDEX (+1.5 sen), and SYSCORP (+2.5 sen), while the healthcare (-1.32%) and plantation (-1.56%) sectors staged a pullback. 

Top 3 Active stocks:
MMAG (0034): RM0.02 (-0.5 sen)
BORNOIL (7036): RM0.02 (-0.5 sen)

L&PBHD (0268): RM0.545 (unch)

Volume: 3.72 bn (100-day avg vol: 2.70 bn)
Value: RM1.47 bn (100-day avg val: RM1.87 bn)
Market Breadth: ⬆️386 ⬇️494
Crude palm oil: RM4,242 (+RM68)

Dow Futures: 33,616 pts (+331 pts)

Source: Bloomberg, M+ Online

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