M+ Online Market Wrap - 5 Jan 23

FBM KLCI: 1,480.93 pts (+11.38pts, +0.77%)

The FBM KLCI (+0.77%) traded firmly in the positive territory as bargain hunting activities emerged in selected banking and plantation heavyweights, mirroring gains in most regional bourses. Market breadth turned positive as the advancers outpaced the decliners by 479-to-418 stocks. The healthcare sector (+2.81%) advanced, led by TOPGLOV (+5.0 sen), HARTA (+7.0 sen), and IHH (+2.0 sen), while the transportation & logistics sector (+2.00%) and plantation sector (+1.27%) were among the leaders across broader market. 

Top 3 Active stocks:
GPACKET (0082): RM0.065 (unch)
CITAGLB (7245): RM0.355 (+3.0 sen)

TOPGLOV (7113): RM0.91 (+5.0 sen)

Volume: 3.31 bn (100-day avg vol: 2.72 bn)
Value: RM1.96 bn (100-day avg val: RM1.87 bn)
Market Breadth: ⬆️479 ⬇️418
Crude palm oil: RM4,064 (-RM105)

Dow Futures: 33,318 pts (-98 pts)

Source: Bloomberg, M+ Online

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