M+ Online Market Wrap - 17 Feb 23
FBM KLCI: 1,476.90 pts (-7.36 pts, -0.50%)
The FBM KLCI (-0.50%) fell further into the negative territory, mirroring the bearish sentiment on the global front following Wall Street’s performance overnight. Market breadth turned negative as the decliners thumped the advancers by 627-to-282 stocks. The technology sector (-3.35%) led the broader market’s decline, dragged by MPI (-276.0 sen), UNISEM (-30.0 sen), and VITROX (-27.0 sen), followed by the energy sector (-1.93%).
Top 3 Active stocks:
MINDA (5166): RM0.085 (+1.0 sen)
MYEG (0138): RM0.66 (-2.5 sen)
SMRT (0117): RM0.295 (+6.0 sen)
Volume: 3.27 bn (100-day avg vol: 3.01 bn)
Value: RM2.10 bn (100-day avg val: RM1.98 bn)
Market Breadth: ⬆282 ⬇627
Crude palm oil: RM4,146 (+RM77)
Dow Futures: 33,587 pts (-152 pts)
Source: Bloomberg, M+ Online
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