M+ Online Market Wrap - 6 Jan 23

FBM KLCI: 1,480.55 pts (-0.38pts, -0.03%)

Tracking the overnight slump on Wall Street, the FBM KLCI (-0.03%) ended marginally lower as bargain hunting activities returned in the second trading session, recovering most of its intraday losses. Market breadth turned negative as the decliners led the advancers by 452-to-384 stocks. The transportation & logistics sector (+2.47%) extended its gains as WPRTS (+7.0 sen), HEXTECH (+160.0 sen), and GDEX (+2.0 sen) surged, while the health care sector (-1.57%) was the worst-performing sector.   

Top 3 Active stocks:
DSS (0269): RM0.62 (unch)
BORNOIL (7036): RM0.02 (unch)

CYPARK (5184): RM0.65 (+6.5 sen)

Volume: 3.16 bn (100-day avg vol: 2.73 bn)
Value: RM1.62 bn (100-day avg val: RM1.87 bn)
Market Breadth: ⬆️384 ⬇️452
Crude palm oil: RM4,055 (-RM35)

Dow Futures: 33,106 pts (+36 pts)

Source: Bloomberg, M+ Online

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