M+ Online Market Wrap - 25Jan23

FBM KLCI: 1,499.45 pts (-0.88pts, -0.06%)
The FBM KLCI (-0.1%) turned slightly lower after hovering mostly in the negative territory for the entire trading session. Market breadth, however, stayed positive as the advancers outnumbered the decliners by a ratio of 578-to-262 stocks. The energy sector (+2.9%) rallied, driven by DIALOG (+18.0 sen), HENGYUAN (+9.0 sen), and YINSON (+6.0 sen) amid the improved demand outlook in crude oil following the re-opening of China's borders.  

Top 3 Active stocks:
SAPNRG (5218): RM0.05 (unch)
ATAIMS (8176): RM0.295 (+9.0 sen)
DATAPRP (8338): RM0.265 (+4.5 sen)

Volume: 2.83 bn (100-day avg vol: 2.80 bn)
Value: RM1.68 bn (100-day avg val: RM1.90 bn)
Market Breadth: ⬆️578 ⬇️262
Crude palm oil: RM3,735 (-RM157)
Dow Futures: 33,743 pts (-83 pts)

Source: Bloomberg, M+ Online

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