M+ Online Market Wrap - 3 Mar 23

FBM KLCI: 1,453.55 pts (-1.94pts, -0.13%)

The FBM KLCI (-0.13%) ended the week in the negative territory despite the positive cue from the regional bourses following the Wall Street rebound; profit-taking activities resurfaced on MAYBANK, TM and SIMEPLT. Market breadth, however, turned positive as the advancers led the decliners by 520-to-338 stocks. The health care sector (+1.62%) bounced higher from its recent decline, led by HARTA (+7.0 sen), KPJ (+4.0 sen), and TOPGLOV (+1.5 sen). 

Top 3 Active stocks:
BSTEAD (2771): RM0.855 (+20.0 sen)
VELESTO (5243): RM0.215 (+1.5 sen)

ARMADA (5210): RM0.695 (+3.5 sen)

Volume: 2.69 bn (100-day avg vol: 3.17 bn)
Value: RM1.89 bn (100-day avg val: RM2.04 bn)
Market Breadth: ⬆️520 ⬇️338
Crude palm oil: RM4,331 (+RM37)

Dow Futures: 33,016 pts (-2 pts)

Source: Bloomberg, M+ Online

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