M+ Online Market Wrap - 18 Jan 23

FBM KLCI: 1,495.50 pts (-3.88pts, -0.26%)

The FBM KLCI (-0.26%) retreated, bucking the positive performances across the regional markets as the market sentiment stayed tepid prior to Chinese New Year long break. Market breadth was negative as the decliners outpaced the advancers by 422-to-387 stocks. The technology sector (+0.89%), however climbed along with the gains on Wall Street overnight, led by MPI (+74.0 sen), UNISEM (+9.0 sen), and INARI (+3.0 sen). 

Top 3 Active stocks:
TTVHB (0272): RM1.28 (+94.0 sen)
VELESTO (5243): RM0.185 (unch)

DNEX (4456): RM0.60 (+1.5 sen)

Volume: 2.70 bn (100-day avg vol: 2.80 bn)
Value: RM2.00 bn (100-day avg val: RM1.89 bn)
Market Breadth: ⬆️387 ⬇️422
Crude palm oil: RM3,871 (+RM76)

Dow Futures: 34,016 pts (-4 pts)

Source: Bloomberg, M+ Online

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