M+ Online Market Wrap - 20 Jan 23

FBM KLCI: 1,500.33 pts (+4.11pts, +0.27%)
The FBM KLCI (+0.27%) climbed along with most regional peers, breaching above the key 1,500 level prior to the lunar new year holiday. Marker breadth remained positive as the advancers led the decliners by approximately a ratio of 5-to-3. The telecommunicatons & media sector (+0.84%) outperformed the broader market, led by MAXIS (+12.0 sen), AXIATA (+4.0 sen), and MEDIA (+1.0 sen), followed by the plantation sector (+0.82%).  

Top 3 Active stocks:
VELESTO (5243): RM0.20 (-0.5 sen)
TAWIN (7097): RM0.06 (unch)
REACH (5256): RM0.055 (-0.5 sen)

Volume: 2.34 bn (100-day avg vol: 2.80 bn)
Value: RM1.71 bn (100-day avg val: RM1.90 bn)
Market Breadth: ⬆️501 ⬇️304
Crude palm oil: RM3,938 (+RM49)
Dow Futures: 33,175 pts (+36 pts)

Source: Bloomberg, M+ Online

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