M+ Online Market Wrap - 9 Feb 23

FBM KLCI: 1,464.64 pts (-6.11 pts, -0.42%)

The FBM KLCI (-0.42%) trended lower for the third consecutive session as heavyweights from the telecommunication and transportation & logistics sectors led the decline. Market breadth remained negative as the decliners hammered the advancers by 522-to-365 stocks. The industrial products & services sector (+0.18%) was the sole advancing sector amid the bearish broader market environment; CHINHIN (+21.0 sen), SCIPACK (+24.0 sen), and PMETAL (+1.0 sen) gained momentum. 

Top 3 Active stocks:
SAPNRG (5218): RM0.045 (-0.5 sen)
MYEG (0138): RM0.715 (unch)

SMTRACK (0169): RM0.045 (-0.5 sen)

Volume: 3.57 bn (100-day avg vol: 2.96 bn)
Value: RM2.19 bn (100-day avg val: RM1.95 bn)
Market Breadth: ⬆️365 ⬇️522
Crude palm oil: RM3,989 (-RM8)

Dow Futures: 34,208 pts (+213 pts)

Source: Bloomberg, M+ Online

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