M+ Online Market Wrap - 11 Jan 23

FBM KLCI: 1,487.87 pts (+2.74pts, +0.18%)

The FBM KLCI (+0.18%) rebounded as the key index took positive cue from Wall Street overnight and buoyed by selected telecommunication and banking heavyweights . Market breadth turned positive as the advancers hammered the decliners by 573-to-340 stocks. The broader market ended mostly higher, led by the energy sector (+2.24%) as DIALOG (+3.0 sen), DAYANG (+8.0 sen), and HIBISCS (+3.0 sen) gained momentum while the transportation & logistics sector (-1.32%) underperformed the broader market. 

Top 3 Active stocks:
DNEX (4456): RM0.56 (+5.5 sen)
CITAGLB (7245): RM0.32 (-3.0 sen)

CYPARK (5184): RM0.715 (+1.5 sen)

Volume: 3.58 bn (100-day avg vol: 2.76 bn)
Value: RM2.18 bn (100-day avg val: RM1.88 bn)
Market Breadth: ⬆️573 ⬇️340
Crude palm oil: RM3,919 (-RM65)

Dow Futures: 33,890 pts (+41 pts)

Source: Bloomberg, M+ Online

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